Private Medical Insurance
The mortgage definition for Private Medical Insurance:
This insurance which gives you access to private medical care in the event of injury or illness. This will not normally cover injuries or illnesses present prior to accepting a policy. The main downside to most of these plans is that you usually have to pay for hospital accommodation, surgeon's fees, and drugs or medication upfront and then receive a refund once your claim has been processed.
Accident, Sickness and Unemployment insuranceAccident, Sickness and Unemployment insurance
Income protection incorporating cover for loss of earnings arising from accident, sickness or unemployment. Usually paid out in the form of a monthly tax-free income to cover a portion of lost earnings and restricted to two years from the date of the first payment.
Blanket insurance policyBlanket insurance policy
A policy that covers more than one person or piece of property.
Buildings and contents insuranceBuildings and contents insurance
Buildings and contents insurance can often be purchased together protecting both the building structure and your belongings and possessions inside.
Further Suggestions Buildings insurance
Mortgage payment protection insurance (MPPI)
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