For anyone seeking to buy private health insurance, or indeed for those who already have it, but who want to avoid any nasty surprises in the event of a claim, we would highlight the following ‘golden rules’:
1) Ensure that you disclose any pre-existing medical conditions when applying for insurance. If in doubt declare it, and do not give insurers an excuse to contest your claim.
2) If you have private health insurance, and have an existing medical condition, be aware of being tempted away by cheaper alternatives, as the new insurer might exclude any future treatment of existing conditions or anything related to them.
3) Make sure you fully understand how your policy functions, and in which circumstances you must seek approval from your insurer before treatment.
4) Make sure that you fully read the policy wording, so you are completely aware of any limits, sub-limits and above all exclusions. Most insurers in Spain now have policy wordings in different languages. If you are unsure, or the policy does not fully meet your requirements, flag your concerns to your broker and he should be able to recommend alternatives.
5) Ensure that the policy you choose suits your lifestyle, and if you travel extensively and require overseas cover, then make sure that this option is included.
Private Health Insurance plays a very important role in modern society, and many people experience first-hand the enormous benefit of having this type of insurance. However, it is also only fair to say that health insurance is a minefield of options, limits, exclusions etc., and if you are considering it, the best advice is to arrange to meet an independent and regulated broker, who should be able to recommend a suitable policy.
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