Civil Service Healthcare is cutting its private medical insurance premiums for children by up to 25%...
Civil Service Healthcare is cutting its private medical insurance premiums for children by up to 25%, with policyholders only having to pay for a maximum of two children.
The friendly society's new eligibility rules mean that members' parents, brothers, sisters and any children over 18 can also now join CS Healthcare in their own right, opening up its potential customer database to some 12 million people.
The society has added a £500 excess option to its existing excess range, allowing members opting for the cover to slash around 35% off their annual premium.
Around 40% of CS Healthcare's members also choose co-insurance which is available on the group's Core and Core Plus plans. This option works on the agreement that members pay 15% of any claim - up to a maximum £1,500 per year - in return for a 40% discount off their annual premium.
CS Healthcare believes its latest move will leave some of the bigger medical insurers out in the cold when it comes to offering competitive rates to the market.
Michael Davies, CS healthcare chief executive, said: "We recognise the importance of providing quality healthcare to families at affordable prices. With this in mind, we have developed a range of plans and options to suit most budgets."
