Private Medical Insurance (PMI) publishers Craigdallie Publishing has published its 2015 edition of the annual PMI Handbook for professional advisers seeking information on the different plans available in the UK market.
The 306 page book is designed specifically for intermediaries involved in the PMI sector.
The publishers said the PMI Handbook is a comprehensive sales-aid and reference source providing cover details on Individual and Group policies from 30 insurers on a like-for-like basis.
Each entry is colourcoded and contains cover comparisons, commission guides, contact details and special points to note on each contract.
A glossary of the main medical terms is included as well as a contact list of international PMI providers.
The publication is suitable for both intermediaries currently active in PMI and those wishing to break into the market. All entries are fully approved by the PMI providers concerned.
Andrew Green, a PMI adviser who compiled the book said: "The last year has actually seen an overall reduction in headline plans available. However, this is due to insurers developing a smaller range of plans based on the modular concept with customers able to tailor their benefits around a core cover.
"In reality, the number of different cover combinations available means the choice is greater than ever before. Intermediaries certainly have their work cut out to keep up with the different options available."
Green said the book can be used as a compliance tool which also helps to demonstrate TCF requirements have been met.
The book is used by specialist PMI intermediaries but increasingly used by IFAs who have switched their business stream to general insurance and protection following RDR.
