No pain, no gain
Article Abstract:
There is a need for life and health insurance in the United Kingdom, since state and employers' schemes are not especially generous. Permanent health insurance provides a replacement income and covers a wider range of complaints than critical illness cover, which provides a lump sum. Critical illnesss is more common than death before the age of 65-years-old, and life insurance cover is less important for single people. Permanent health insurance is suitable for the self-employed and for people with employers paying low levels of sick pay.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Chinks in the armour
Article Abstract:
The UK welfare system and especially the National Health Service (NHS) is unlikely to continue to provide the same benefits for the same amount of tax contributions. There has been concern about the NHS for decades, yet the proportion of people with private medical insurance has stayed at 11%, with most of these having their premiums paid by an employer. Part of the problem is that charges are high, while cover is limited. There is a wide variation in policies and budget policies may provide little cover.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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