Childsure is private medical insurance (PMI) specifically designed to meet the needs of children. Its benefits broadly follow those for adults and include maximum annual benefits of:
- In-patient, day-patient and out-patient treatment.
- Diagnostic tests.
- NHS cash benefit of £100 a night up to 30 nights.
- GP referred treatment by a physiotherapist, chiropractor, osteopath or acupuncturist up to ten sessions per condition per policy year.
- Treatment by a dentist of an accidental dental injury up to £600.
- Routine dental treatment up to £300 (with a £50 excess).
- Up to two speech therapy sessions for GP referral to a speech therapist.
- Support cash benefit of £10 a night, up to five nights.
- Home nursing.
- Private ambulance.
- Parent accommodation with child up to age 15.
- Hospice donation of £70 a day, up to ten days.
- GP and stress counselling helplines.
Pricing is straightforward: the first child costs £13.63 a month, the second an additional £12.63, then £6.57 a month for each additional child. Up to five children can be covered at those rates – larger families will be quoted individually. A parent or parents takes out the policy, but they could then be reimbursed by another relative for example. Although the plan was launched some time ago, it is now available to grandparents too.
A two year roiling moratorium applies to the policy.
What They Say
When the product was launched, Childsure managing director Alison Thornberry said: “We spent many years researching the market to understand what parents look for from a child health insurance product and identified that there was a gap in child insurance provision for parents who want choice, speed and a private environment for their children’s treatment. A cheaper version of an adult PMI product generally doesn’t satisfy their needs and this was a key consideration when developing the product.”
What We Say
PMI for children is considerably cheaper than for adults, because children are less likely to claim. That said, parents – and others, such as grandparents – want children to get the best treatment possible if something does happen.
This plan optimises benefits to meet the specific needs of children and, by and large, achieves that. We particularly like the hospital guides, which help parents decide which hospital is likely to have the most appropriate facilities for their child. An information portal for parents is also to be launched soon. Overall, any extension of PMI market is welcome, and this plan targets a small but interesting niche.