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A handy jargon buster to help you understand some health insurance terminology.

 

QUOTE

A quote for health insurance is an estimate of how much your policy will cost. As insurers look at a whole range of factors including your age, lifestyle and medical history when giving you a quote, this can vary considerably between different policies and providers.

A lot of websites now have online quote generators. These are really helpful tools in gaining an insight into what your policy might cost – in fact we have one here at Chase Templeton – but you should always bear in mind that quotes can be subject to change. 

Quotes are completely obligation-free – it’s just you asking how much an insurance policy costs – so you should never feel pressured into buying because you’ve asked for a quote.