Private health insurance for the over 50s

It’s no secret that people over 50 will account for an ever-growing percentage of the UK’s population. Although we are in many cases eating better, exercising more and living longer, our bodies can’t be perfect for ever. The older we get, the more likely we are to need medical care and private health insurance can help to cover the cost.

The 50+ private insurance market

It’s precisely because you’re more likely to claim on your private health insurance once you’re over 50 that premiums become higher. Providers have to cover themselves against the risk of you claiming on many occasions. For a long time, it was difficult to find a provider who was willing to insure you once you reached a certain age, but the market has recognised that the 50+ sector is expanding and that new policies are needed. Indeed, the market is becoming more competitive, which means that you should be able to find a policy that fits your needs:

• General policies – a general private health insurance plan will cover you for a wide range of conditions and treatments, although you should always check what’s covered before you sign up to anything. You can still go to your GP as normal, but private health insurance allows you to get treatment faster, which can be important when you’re older as you need more time to heal.
• Specific plans – because certain conditions are more common in the over 50s, you can buy a private health insurance policy that is specific to a certain illness and treatment. These may include heart problems or joint problems. Choosing a specific policy may save money on your premium, but of course you won’t be covered for other illnesses.
• Fitness – your premium will be higher than that of someone in their thirties, but you can help yourself by making sure you’re as healthy as possible when you apply for your private health insurance. Giving up smoking, taking regular exercise and losing weight all make you fitter and healthier and that could be reflected in your premium.

There are well-known private health insurance providers in this market, but the best way to find the right policy for you is to talk to an independent adviser who can access the whole market on your behalf and recommend products to you that match your requirements.

Right to Health is a leading UK health insurance intermediary, helping individuals and corporations find the best private health insurance cover. With access to the UK’s top health insurance companies, Right to Health has advised thousands of clients and can help you to get great health coverage for a competitive premium. Right to Health is authorised and regulated by the Financial Services Authority, which means that you can be confident that the recommendations you are given really are in your best interests. To find out more or to get a review of your current health insurance, call 08000 753 999 or click the Free Online Quote button at the top of the page.

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