Tips to keep your premiums down

Private medical insurance brings peace of mind and several benefits you simply can’t put a price on – but it can be expensive. Here’s our quick guide to ways in which you can bring the cost of your private healthcare cover down.

• Choosing to pay an excess on your policy – from £50 to £5,000

• Limiting the amount of outpatient treatment you can get privately

• Opting for a 6 week waiting time (if you are unable to receive the treatment on the NHS after 6 weeks, the policy will become active)

• Agreeing to a cap on the total pay outs received under the policy

• Paying for a policy annually, rather than monthly

• Agreeing to a restricted choice of hospitals