Private Medical Insurance (PMI)

The thesis in the following article is very interesting http://www.bbc.co.uk/news/business-21183984 . It seems logical that if the work force is fit and healthy that productivity should be higher as there will be fewer days lost to correcting avoidable health problems. Some private medical insurance (PMI) policies will ask for information to calculate a prospect’s body mass index, and reward the insured for gym membership and gym usage. Many independent financial advisors can help their clients identify which PMI policies are most appropriate for their client. If the best PMI contract gives rewards for exercising the potential benefits from a healthier life style might be greater than the benefits of finding the cheapest policy with the best terms.

This information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.

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