When looking at the situation open-mindedly, especially once you become a parent and have the health of your family to consider, the power of the health insurance taboo diminishes somewhat in the face of real practicality. But is your budget balanced on a health insurance policy or the comparable benefits of a life insurance policy?

First of all, it’s important to understand the differences.

Health Insurance: is designed to pay for higher priority medical service than is typically provided by the NHS (National Health Service), with much shorter waiting times and offers you a wider range of medications and technologies. It offers no financial assistance in the case of death.

Life Insurance: is a system which guarantees your family (or other beneficiaries) a lump sum in the event of your death, providing them with the financial stability to pay off any outstanding debts (such as a mortgage) and securing their future. Well, both are beneficial to you in their manner. Many life insurance policies come with additional Critical Illness Cover (CIC), which is designed to pay out should you suffer from a serious condition. What qualifies as a ‘critical illness’ depends on your policy.

Is health insurance a necessity?

There’s no doubt that in the UK, health insurance is not a necessity, but luxury and it can be quite an expensive way of shortening the waiting list. It has advantages and disadvantages. The advantage is of; Alternate therapy- While treatments such as acupuncture and others are all outside the scope of the NHS, health insurance companies will cover these alternative treatments as part of their package; Top consultants; Exclusive medications; and disadvantage is of not covering chronic and pre-existing conditions. If you have asthma, for example, then it will not be covered at all under your private medical cover.


The package of life insurance with critical illness cover along with the NHS is certainly tempting. With the state healthcare managing your day-to-day health and solid life cover in place alongside, you get the best of both worlds – quality treatment for minor illnesses and injuries, CIC cover for serious situations and full life cover to protect your family once you are gone. Neither NHS nor private medical insurance is ever going to look after your family in the event of your death. Of all the available options, only life insurance can give your family that extra level of security once you are gone.

We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
Call 011-3733-4610 – Monday to Thursday from 11.00 to 19.00 and on Friday between 11.00 and 16.00

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