Healthcare Deposit Account

Medibroker are pleased to announce a "new" concept within the Private Medical Insurance market place - the Healthcare Deposit Account from National Deposit.

Private Medical Insurance with a difference

About National Deposit

National Deposit was formed in 1868, initially to help people save for healthcare. Before the NHS was launched, Friendly Societies - National Deposit included - were the primary providers of healthcare. In fact they were seen to have such expertise that they supported the government in administering state healthcare from 1912 and went on to help set up the National Health Service in 1948.

Established 80 years before the NHS, National Deposit now has over 130 years’ experience in caring for their account holders. They are a Friendly Society and a mutual, which means that they have no shareholders to pay dividends to. National Deposit's ultimate purpose is to provide health insurance benefits for their members and they pride themselves on the high standard of service that they are able to offer their clients.

Medical Insurance Cover Premiums fixed for life

The Healthcare Deposit Account offers you fixed monthly health insurance premiums for life, so they’ll never go up, no matter how old you are or how many times you have claimed.

Cash if you claim, cash if you don’t

Unlike other healthcare policies, where your premium is lost whether you claim or not, the Healthcare Deposit Account puts half of each monthly payment into your own personal deposit account.

If you need to make a claim under your medical insurance cover, your personal deposit account will pay a set percentage of the cost. National Deposit will always pay the majority share. At the same time, if you stay reasonably healthy and rarely need to claim, the money in your personal deposit account is there for you to withdraw if you wish.

Some of the other key benefits you can expect from National Deposit healthcare include:

Comprehensive health insurance cover including private consultations, surgery, alternative therapies, cancer & heart treatment, dental & optical bills and cash payments for an overnight stay in an NHS hospital.
Your choice of monthly premium, from as little as £20 a month.
A choice of hospital or treatment location, whether it is private or with the NHS.
An Early Years Top-up option, which gives you an extra £20,000 of medical insurance cover in the first five years for just £5 a month, while you’re building your deposit account balance.

To see an example of how the Healthcare Deposit Account works, please click here.

If you would like to receive a free, no obligation medical insurance cover quotation for the Healthcare Deposit Account, please click on the button below and remember to include "Healthcare Deposit Account" in the text box below Other Comments and Questions.