Customise Your Health Insurance & See the Price Impact
Private Medical Insurance isn't one-size-fits-all. Use our interactive tool to understand the key policy options and build a plan that fits your budget.
Policy Customiser
Policy Excess
Outpatient Cover
Hospital List
PMI policy customiser guide for UK buyers
WeCovr's PMI policy customiser helps UK customers see how options affect premiums, with FCA-authorised guidance and 900,000+ policies issued across protection products. It is a practical way to test private medical insurance UK plan settings before requesting quotes.
How the PMI policy customiser works
The tool estimates how changes to excess, outpatient limits, and hospital lists influence premiums. It does not replace underwriting, but it helps you understand which levers reduce cost and which increase benefits.
Private medical insurance UK premiums are driven by coverage scope and claims exposure. Adjusting excess and outpatient limits is often the fastest way to align costs with your budget.
Excess: higher excess typically lowers premiums.
Outpatient cover: limits can reduce cost significantly.
Hospital list: broader access usually costs more.
Choosing options that match how you use healthcare
If you expect frequent diagnostics or specialist consultations, higher outpatient limits can reduce out-of-pocket expenses. If you primarily want faster surgery access, a lower outpatient limit can keep premiums lower.
The six-week NHS option may reduce cost in exchange for using the NHS when a procedure is available within that window.
Why compare private medical insurance UK plans with WeCovr
WeCovr provides FCA-authorised guidance with high customer satisfaction ratings. We also provide complimentary access to the CalorieHero AI calorie tracking app and discounts when customers take PMI or Life insurance.
Use the customiser to shortlist options, then request quotes to confirm pricing and terms.
Data sources and guidance references
This guide references FCA guidance on insurance advice and published insurer benefit summaries to explain common plan features.
Common PMI configuration choices compared
| Option | Estimated cost | Key factors | Best for |
|---|---|---|---|
| Higher excess | Lower | More out-of-pocket on claims | Budget-focused buyers |
| Full outpatient | Higher | More diagnostic and specialist cover | Frequent users |
| Six-week NHS | Lower | NHS-first for short waits | Cost-sensitive buyers |
Related WeCovr resources
FAQs
Does the PMI policy customiser give real quotes?
No. It provides an indicative estimate so you can see how policy options affect price before you request formal quotes.
How does the excess affect private medical insurance UK premiums?
A higher excess reduces the insurer's risk and usually lowers premiums, but you pay more if you claim.
What is outpatient cover in PMI?
Outpatient cover pays for consultations, diagnostics, and treatments that do not require an overnight hospital stay.
Should I add the six-week NHS option?
It can lower cost if you are willing to use the NHS when treatment is available within six weeks.