Private medical insurance (PMI) is an insurance policy designed to meet some or all of the costs of private medical treatment. It is also known as private health insurance. There are two main types of private medical insurance policy:
- ”Indemnity” policies that meet the costs of having private medical treatment for an acute illness or injury on a short-term basis. This could include a private room in a hospital, surgeons’ and other specialists’ fees, outpatient treatment like physiotherapy and daycare treatment including surgical and diagnostic procedures.
- “Cash plan” policies, which provide a lump-sum benefit payment in certain situations. Generally, the consumer will pay a monthly premium in return for cover, for up to 100% of costs for treatment like an inpatient stay in an NHS hospital, or dental or optical treatment. These may not be included under an “indemnity” policy.
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Creative Wealth is a trading style of Imove Mortgage and Protection.
Imove Mortgage and Protection is authorised and regulated by Financial Conduct Authority.
Registration number 478757.
Imove Mortgage and Protection is registered in England and Wales.
Registered Office: Bryn Isa House, Llannefydd, Denbigh, LL16 5EU.