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The Healthcare Deposit Account from National Friendly is a fresh, flexible approach to private medical
insurance. Enjoy affordable premiums fixed for 5 years. Choose any UK hospital or treatment centre, giving you freedom of
choice. Comprehensive cover for adults from just £40 a month per person or child plans from just £20 a month.
The Healthcare Deposit Account is available to any UK resident up to age 70.
Unlike traditional private health
plans the National Friendly Healthcare Deposit Account is different because the Healthcare Deposit Account has a cash
value if you don’t claim. That’s because 75% of your monthly premium goes towards the cost of running the
scheme – the other 25% goes into your own personal deposit account. From this account, you either pay 10% (if you’re
under 65) or 25% (over 65) of any claim. National friendly always pay the majority share.
When you need to
make a claim for under-65s, it’s 10 times your deposit balance. For over-65s, it’s four times your deposit
balance. In the first 10 years, if your deposit balance has been used up, your top-up gives you an additional £30,000,
£45,000 or £60,000 worth of extra cover to claim from, depending on which option you choose.
If you
take money out of your personal deposit account remember that this leaves you less to put towards any claims. This could
reduce the amount of cover available to you under the healthcare policy.
Full details on the National Friendly
Healthcare plan can be found on their website.
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