PMI from Standard Life

Standard Life Healthcare, the group being rebranded from Prime Health, is launching a private medica...

Standard Life Healthcare, the group being rebranded from Prime Health, is launching a private medical insurance plan cutting the cost of cover by up to 80%. Choices is a high excess PMI policy in which policyholders can opt to self-pay for the cost of treatment up to an excess of £1,000, £2,500 or £5,000, with the balance being covered by insurance if the total cost is higher. Monthly premiums for a single person aged 29 would be £5.93 on the new plan with a £5,000 excess, compared with £38.30 where there is no excess for a similar policyholder taking out one of the group's standard comp...