It is a contract that gives you the reassurance that, should the need arise, you and your family will receive the medical attention you require as a private patient, without having to wait for treatment on the NHS.
Whilst the NHS does a good job in very difficult circumstances, should you have an illness, you may not receive the treatment you require as quickly as you would like. This can be emotionally or physically difficult.
A Private Medical Insurance policy will ensure that you will receive the treatment you need quickly and without having to go on an NHS waiting list.
The cost of cover will depend on the whether you opt for a policy which provides basic or comprehensive cover, your age, health, family medical history and whether cover is required for an individual or family.