In October we launched an extra option for new individual clients allowing them to fix their premium for two years when they take out a new Freedom Health Insurance policy and we have received some very positive feedback. The fixed priced option is available on both our Freedom Elite and our newly-launched Freedom Essentials plans.

 

Fixed premium guarantee
The guarantee of a fixed premium for the second year gives your clients the reassurance their premium won’t rise at the end of the first year regardless of any claims made.

The second year’s premium will only change if:

  • your client makes changes to the policy which result in a change in premium;
  • your client changes their payment frequency from annually to monthly between the two policy years (meaning the 6% annual payment discount would be lost in the second year); and/or
  • the rate of Insurance Premium Tax (IPT) changes.

There is no additional charge to take advantage of this option.

What happens to premiums at the end of the two-year period?
We will apply our standard single year increase to renewals at the end of the second year according to the pricing structure effective at the time. For more information about our pricing structure, please contact your Freedom account manager.

It is easy to select this option via our broker quote system. Simply log in as usual.

The terms and conditions attached to the offer are detailed below, but if you have any queries, please feel free to get in touch.

 

Regards,
Robert Smith
Sales Director
Freedom Health Insurance

Email r.smith@freedomhealthinsurance.co.uk
Phone 07879 461520