Why do you need health insurance?
NHS aims to provide anyone with appropriate treatment within 18 weeks of referral. Financial constraints and the rising cost of advanced treatments have created a climate, in which the shape of publicly funded healthcare has increased unease and doubts. Those seeking peace of mind and the best possible medical care options should consider private medical insurance, which offers speedy access to high-quality diagnosis and specialist treatments and surgeries when you need them the most. As well as the advantage of fast-track appointments, which bypass enormous queues in NHS, health insurance also brings you a choice of added luxuries of your own private room with en-suite facilities and many more, including family visits at any time. In addition, during your private hospital care, you will have access to a much-enhanced range of all of the latest drugs and advanced medical procedures to ensure you always receive the most effective treatment for your condition.
What is life insurance?
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Life insurance is an insurance product that gives your family financial protection if you pass away. Ask yourself - Will they be able to cover the mortgage and maintain their living standards when you are no longer around? Life insurance policy is typically taken to cover a certain period of time (term), either when you still have an outstanding mortgage or when your children are financially dependent on you. It can also cover a hefty inheritance tax, which is currently 40% in the UK. The prices start from as little as £ 5 per month.
What is critical illness cover?
Critical illness cover is an insurance product that pays out when you are diagnosed with a critical illness. One of the great aspects of this cover is that the funds you receive in the event of a claim do not count as income, and therefore you are not paying tax on it. This policy can be taken alongside life cover or on its own.
What is Income protection?
Income protection is an insurance product that covers your essential outgoings if you cannot work due to sickness or injury. In general, income protection policies can be divided into two categories – short-term and long-term covers. A short-term policy gives you an income for a limited time only, for example, 6 or 12 months. Long-term policies pay out for a substantially longer period, typically right through to your retirement or even longer.
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Concierge service
Albatross Healthcare is built on two key principles-providing professional services and nurturing dedicated relationship with our clients. Therefore, we have invested a significant amount of time selecting a group of partners that match this approach and can extend our vision. We work with both global firms and niche independent players to suit your requirements.
Please speak with your dedicated adviser to find out more