Know what you are agreeing to pay
An excess is the amount you are responsible for under the policy’s claim terms. The amount alone is not enough: ask when and how often it applies.
Ask three practical questions
Does the excess apply per person, per policy year, per claim or on another basis? What happens to ongoing treatment when the policy renews? Are any services exempt?
Balance premium and cash reserve
A higher excess may reduce the premium, but leaves more for you to pay when using the cover. Compare the saving with an amount you could comfortably pay at short notice.
Keep the comparison fair
Compare quotes with the same excess where possible. If that is not possible, write the differences beside the premium rather than judging the cheaper quote on price alone.
Sources & further reading
Checked 26 September 2026. Policy terms and source ratings can change.
Prepared from the linked sources. Not a personal recommendation or a claims-tested review. Confirm current terms with an insurer or authorised broker.