Some news here from our sister company – Nugent Santé regarding private medical insurance for clients based on the Isle of Man. We thought this may be prudent to share, given the recent news.
If you’re not currently a client of theirs, please feel free to get in touch (contact details at the end of this article).
Isle of Man Private Medical Insurance covering transport to the UK
Following the recent announcement of the closure of the Private Patient Unit (PPU) at Nobles Hospital we believe it would be useful to clarify some of the benefits in your Private Medical Insurance (PMI) policy and also provide assurance that private medical treatment is readily available at a widespread list of UK hospitals for you.
Your Private Medical Insurance policy with Nugent Santéincludes:
- Outpatient diagnostic consultations, scans, pathology.
- Inpatient surgery
- Funding for transport to any hospital in the UK for treatment not available at Nobles Hospital.
- Choice of hospital in the UK that suits your specific medical requirements
- Physiotherapy and alternative medicine
We are liaising with our insurer partners to provide advice and support for our clients on the Isle of Man, and have had this response from Aviva:
“We are working on a solution for existing members who need to claim for the use of alternative hospitals in both England and Northern Ireland and will be able to direct those patients to a select facility by the time the unit shuts. Patients in IOM already have additional travel benefits like those in the Channel Islands and those arrangements will remain in force and may be extended, depending on patient need. “
Most insurers do provide a cash limit for travel costs when treatment needs to be sought off the Island so please get in touch with us and we can provide details of what your specific benefits are.
Our dedicated team is here to support you should you require any advice on health insurance or have any queries or concern given this recent news. Please be assured that as our client, the continuation of your health and treatment support is of paramount importance to us.
Should your organisation be interested in additional support, Nugent Santé can provide you with an exclusive service which provides employees with access to medical treatment quickly, whether it be private or NHS. A dedicated Nurse Case Manager will handle the treatment pathway from diagnosis, treatment and aftercare within your choice of hospital. Please contact us for details and a quotation.
Our team is available on 01772 585085 or via email at info@nugentsante.com
Visit our website for more details at www.nugentsante.com
MAC Financial boosts qualified adviser team
MAC Financial is proud to announce the promotion of Christopher Biddulph to Pension Adviser.
Introducing the MAC Commercial Insurance Team
MAC Commercial and Professional Risks Limited (‘MAC Comm’) was founded in 2009 to support MAC Financial clients’, and other businesses, with their local and international insurance exposure. The small but dynamic team soon earned an enviable...
How to boost your UK NI contributions
MAC Financials’ Independent Financial Advisor, Kinry Glassey, explains how it is possible to purchase additional UK National Insurance contributions, which could boost your UK State Pension.
Acquisition of the insurance broking business of AON (Isle of Man)
The combination of Aon’s insurance broking business with the MAC Group will result in a market leading local broker of a scale that will be of long-term benefit to all clients. The sale of the business to MAC Group was completed on 31 January 2023....
MAC Group adviser success
MAC Group are delighted to celebrate the recent exam success of Ed Walter, Head of Private Client Advisory at MAC having passed the Level 6 Advanced Diploma in Financial Planning and becoming a Chartered Financial Planner. Reaching chartered...
Financial Planning in Volatile Times
Every day seems to bring more news about challenges in the economy with negative impacts on financial markets. What does this mean for your pensions and investments and what should you do about it? What's happening? Markets are currently reacting...
Do you have an old pension that needs some attention?
If you have worked for more than one employer who offered a workplace pension over your working years, then it’s possible that you have a workplace pension which you no longer contribute to. We refer to this as a frozen pension. If you are...
The Russia-Ukraine War and the Financial Institutions insurance market
Gallagher Update: Global insurance losses from the Russia-Ukraine war could range from USD 16 billion to USD 35 billion, with reinsurers expected to assume 50% of those claims, according to a report published by S&P Global Ratings1. There are...
Vanguard LifeStrategy Funds
Quarterly Newsletter, March 2022 This quarterly newsletter is designed to give Vanguard LifeStrategy investors an insight into how the funds are constructed, how they’re performing and what’s been happening in the global economy and world markets....