Fair Investment: increase in PMI

David Doulton, Director of Fair Investment, the price comparison website, comments on ABI findings that the number of subscribers to personal Private Medical Insurance (PMI) policies has gone up.

“Consumers looking to get PMI are in the strongest position they have been in a long time. Not only are there several new policies on the market, but as people are growing increasingly frustrated with the NHS, providers are going to be falling over themselves to offer the most comprehensive policies.

“However, PMI is not a price driven market so it’s important to ensure you are getting the best level of cover from the right provider. We advise anyone considering taking out PMI to check the finer details rather than just opting for the cheapest package.”