Restructuring of product to meet demands of budget-oriented customers
PruHealth has launched a new cover plan for its private medical insurance (PMI) offering. The plan, known as Select, has been designed by the provider to meet the needs of customers on a budget looking for a product with mid-range benefits at an affordable price. PruHealth said the plan is intended as an alternative to its Comprehensive, Essential and Core plans. The plan has a standard excess of £250 a year per person. It is similar to, but cheaper than, the Essential plan, with a few differences: - £750 combined outpatient limit for specialist consultations, physiotherapy, psychiatric...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
