Exeter Friendly Society (FS) is enhancing its private medical insurance (PMI) plans for the growing ...
Exeter Friendly Society (FS) is enhancing its private medical insurance (PMI) plans for the growing number of people leaving the UK to live in France.
A product will be designed to meet the needs of people not covered by company PMI while they register as French residents ' involving differing levels of insurance.
Neil Armitage, group marketing director of Exeter Friendly Society, explained: 'To get a residency permit in France you must prove you are not a burden on the state and are required to have 100% private medical insurance. As soon as you have one you are legally only allowed 30% private medical insurance, as the French NHS covers the rest. The new product will change with needs and still offers Exeter FS benefits and service.'
The society does not have a launch date as it is dealing with the French regulator and banks.
'Through our experience with bureaucracy we empathise with members going through a similar process,' added Armitage.
