With health insurance policies on the increase it is important to understand what is being offered.

Private medical insurance covers treatment of acute condition such as cancer and heart attacks, it could be more suitable for you than cancer cover.

What each provider offers is different it is vital to check before taking cover out, many companies limit how long they will fund treatment for and if they class your condition as chronic they may not pay out. Some patients have reported insurance cover has stopped before treatment has finished.

Many policy holders are expected to pay an excess usually around £100 but this is variable depending who you go with.

The amount you pay for cover depends on a number of issues these include age, current health and if you smoke or drink.  You can also choose to pay a higher excess which would also lower your monthly payments.

Before taking out any insurance policy check for any exclusion’s as many policies will not cover per-existing condition.