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Permanent health insurance
Permanent health insurance aims to give you a replacement income if you can't work because you're sick or disabled. This can be anything up to three-quarters of your normal wage, less any state benefits you get and any other money you receive. For the self-employed, insurers usually base the level of cover on your taxable income. All payouts are tax free and usually continue until you recover or you reach your selected pension age - that's why this insurance is called permanent.

Key pros and cons of permanent health insurance

Pros

Could be useful if you or your family relies on your wage to pay most bills and if you want the comfort of ongoing payouts
May be useful if you are self-employed
It's up to you how you spend the money each month

Cons

This is one of the most expensive forms of this type of insurance
If you are in a secure job with good sick pay and your partner also earns a wage, you may feel you don't need permanent health insurance

Making a claim
For information on making a claim visit our making a claim section.

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