Private Medical Insurance (PMI)
It's when you need to make a claim that you realise just how wise investing in health and medical insurance can be.
With NHS hospital queues still growing, private medical insurance is an appealing, though often expensive, buy.
And what you pay for is what you get. Premiums are worked out on the basis of age and the type of cover required and there is a wide range of different insurances to choose from.
At the basic level PMI kicks in when you need specialist treatment or you need to go into hospital. Some policies cover you if the NHS cannot provide treatment within a certain period of time.
Some policies cover you if the NHS cannot provide treatment within a certain period of time.