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2-Year Fixed Premium Guarantee**

Choose the option to fix your health insurance premium for 2 years with all new Freedom Elite & Freedom Essentials policies

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What is the 2-Year Fixed Premium Guarantee?

With any new Freedom Elite or Freedom Essentials policy, individual clients have the option to fix their health insurance premium for two years. The guarantee of a fixed premium for the second year gives you the reassurance that your premium won’t rise at the end of the first year regardless of any claims made.

What are the benefits of the 2-Year Fixed Premium?

Save money by locking in your health insurance price for 2 years.

Your premium won't rise even if you make any claims.

There is no additional charge to take advantage of this option.

The second year’s premium will only change if:

  • you make changes to the policy which result in a change in premium;
  • you change the payment frequency from annually to monthly between the two policy years (meaning the 6% annual payment discount would be lost in the second year); and/or
  • the rate of Insurance Premium Tax (IPT) changes.

**Terms & Conditions

  • The 2-year fixed premium option is available for new individual Freedom Elite and Freedom Essentials policies with a start date of 1st October 2019 onwards.
  • If any changes are made to the policy which result in a change to the premium, the amended premium will be held for the remainder of the fixed price period. 
  • A 6% discount will apply to each year if the full annual premium is paid in advance. If the client changes their payment frequency from annually to monthly between the two policy years, the 6% annual payment discount will be lost in the second year.
  • Any change to the rate of Insurance Premium Tax (IPT) will be included in the renewal premium following the change.
  • This option is based on two separate, consecutive 12-month contracts.
  • We reserve the right to withdraw this option for new business at any time and without notice.
  • Excludes company policies.

Frequently Asked Questions

How do I get the 2-Year Fixed Premium?

To benefit from our 2-Year Fixed Premium Guarantee, simply get a quote online and choose Yes when asked if you yould you like to fix the premium for 2 years in Step 2.

Is there an extra cost for choosing the 2-Year Fixed Premium Guarantee?

No, there’s no extra cost for choosing the 2-Year Fixed Premium Guarantee which is a free benefit that you can add to your plan when you buy a new Freedom Elite or Freedom Essentials policy. This means that your premium is the same whether you choose to have the 2-Year Fixed Premium or not.

What happens to premiums at the end of the 2-year period?

We will apply our standard single year increase to renewals at the end of the second year according to the pricing structure effective at the time. The terms and conditions attached to the offer are detailed below. If you have any questions, please feel free to contact us.