Clinging on for dear life

Professional Adviser
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In the harsh economic climate, PMI is hanging tough in the face of increased NHS funding. Peter Carvill examines how the individual product fares compared with its corporate big brother Click here to download pdf (PDF, 2.8MB)

As the year slides into its eighth month it is the time when COVER conducts its annual survey of the individual private medical insurance (PMI) market. The bottom-line assessment of the sector's performance is that sales have improved on last year. In fact, the numbers of subscribers has continued the increases seen over the last three years with numbers reaching 2002 levels or thereabouts since the annual declines of 2002-5. These figures, from the Association of British Insurers (ABI), show a slightly less rosy picture when examined in more detail: while the total number of subscribers ...

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