What are the types of cover for Private Medical Insurance?
Full Medical Underwriting (FMU) – This means completing a health questionnaire when applying for cover. With the information to hand, the insurer will then decide whether to apply any exclusion to the policy which will be clearly shown on the certificate. You have 14 days to decide it these cover terms are acceptable to you Moratorium – This form of underwriting excludes cover for any condition for which you have received medical treatment for, had symptoms of, asked advice on or you were aware existed, in the five years before the cover started. However, providing you have no treatment, medication or advice for the condition or any related conditions for two consecutive years after your plan starts, then the conditions will become eligible for benefit, subject to the plan’s normal terms and conditions. This two-year period is known as a moratorium Continued Medical Exclusions (CME) & (CMORI) – This form of underwriting means all medical conditions covered under your existing policy wi
