The main types of health insurance needs involve covering:
- The cost of private medical care. This can be met through private medical insurance.
- Everyday health costs such as dentistry, optical care and hospitalisation. Health cash plans meet these needs.
- The financial costs associated with being diagnosed with a very serious, or critical, illness or condition. Critical illness insurance covers this need.
- Being unable to work long term because of illness or disability. Income protection provides this type of cover.
- Being unable to work for a few weeks or months because of illness, disability or unemployment. Accident, sickness and unemployment – also called PPI – can meet this need.
- The cost of long term care, for you or a relative. A range of solutions may help here.
