AXA launches PMI policy for under 18s

by Gill Montia

Story link: AXA launches PMI policy for under 18s

AXA has launched a private medical insurance (PMI) policy designed for children.

The group’s First Healthcare plan provides cover for children and young people up to the age of 18.

Existing PMI family policies do cover children but this new policy is believed to be the first of its kind because the premium reflects the age group for which it is designed.

Cover for a first child costs £9.99 per month and for each additional child, £7.99 a month.

The plan will pay for private hospital treatment if a child cannot be seen through the NHS within six weeks of a diagnosis.

It will also pay consultants’ fees and certain tests that don’t involve a stay in hospital.

Related follow-up consultations or out-patient treatments are covered provided they are received within three months of the start of the claim.

In addition, parents can claim for accommodation costs if they need to stay nearby when a child aged under 11 is in hospital.

Finally, policyholders have access to healthcare professionals via a 24 hour helpline.