Health insurance can look quite different from one policy to the next, which is great for flexibility and different budgets, but it also means it’s important to know exactly what your cover includes. Most policies cover major expenses like surgery and hospital stays, while others may also include specialist appointments or diagnostic tests. Some even offer optional add-ons to help with everyday medical costs like GP or dentist visits.

It’s also good to be aware that some policies only cover a portion of your medical costs. That’s why it’s a smart idea to chat with your advisor, they’ll help you find the right policy to suit your needs and make sure there are no surprises later on.

When applying for health insurance, you'll need to provide full details about your medical history so the insurer can assess your application. Most policies won’t cover pre-existing conditions, but the insurer will let you know about any exclusions when your policy is issued.

Your advisor is here to guide you through the process, answer your questions, and help you secure the best possible cover for your situation.

In many cases, it’s a smart move to ask your insurer for ‘pre-approval’ before a medical procedure or appointment.

This not only gives you peace of mind knowing you’re covered but also allows the insurer to pay the health provider directly, so you won’t have to cover the costs upfront.

An excess is the part of a medical bill you pay before your insurer covers the rest. Usually, you can choose how much excess you’re comfortable with, ranging from nothing up to $10,000. The higher the excess, the lower your premiums tend to be.

Your advisor can help you understand how different excess levels affect your costs, so you can pick the option that works best for you.