So we're all familiar with excess, from our car or home insurance policies - but it can vary with healthcare.
The higher the excess, the lower the premium. Each insurer has it's own increments - lowest starting at zero and the highest being £5,000. This is not to be confused with shared responsibility. Share responsibility means that you chose what percentage you're willing to pay towards your own cover this could be 30%.
Excess is a fixed amount - you can change the premium by choosing to pay this upon every claim, or just a one payment each year. You need to take into consideration your out-patient levels too, it's pointless paying, say, the first £1,000 towards a claim and then only have £500 out-patient benefit - please see our out-patient benefit section.