Choose a specialist plan to suit you

The specialist medical excess
and shortfall protection plan

Designed to generate savings on your
healthcare insurance premiums

Reduce your medical premiums

  • You introduce (or increase) an excess within your existing private healthcare policy.
  • You will receive a discount from your current insurer.
  • We then provide an insurance policy that reimburses the cost of the excess at point of claim (as well as covering shortfalls up to £500).

The result in the vast majority of cases is a net saving, lower P11D rate and enhanced shortfall protection cover.

What's an excess

Most of us have an excess on our insurance policies. The excess is the amount you have to pay in the event of a claim. In general, the larger your excess is the lower your insurance premium will be (because of the discounts offered by the insurance company.

Excess insurance covers the cost of your excess amount in the event of a claim.

How it works

If you have a £250 excess on your Private Medical Insurance policy and you have a claim for £1000, you are liable for the first £250 of the claim and the insurance company pays £750.

Your medical excess and shortfall insurance policy is designed to reimburse you for the £250 excess you was charged.

What's a shortfall

Shortfalls arise when there is a difference between the level of reimbursement that insurance providers are prepared to pay and the fees consultants and hospitals charge. It is your responsibility as the patient to pay the shortfall.

Your medical excess and shortfall insurance policy is designed to reimburse any shortfall up to the policy limits (£500).

Pays PMI excess up to £500 plus an additional £500 for shortfalls

Medical Excess
Company Plan

Now you can insure your excess & have additional
protection in the event of a policy shortfall

Reduce your medical premiums

As Medical Insurance premiums continue to rise and challenge budgets, introducing or increasing an excess will reduce your premiums. Now, you can insure your excess & have additional protection in the event of a policy shortfall with the specialist medical excess and shortfall protection company, Medex Protect.

Medex Protect can offer an intelligent and highly effective vehicle for Company Funded Healthcare Schemes.

Just some of the many benefits includes:

  • Generate a significant reduction in Net cost
  • Enhance benefits with the Shortfall Protection benefit
  • Reduce P11D Liability for Employees
  • Simplify the Admin process – Employees do not need to be out of pocket, as we will settle the excess payment directly with the provider

Younger (and therefore statistically) Healthier members of your scheme may forgo the benefits of company funded healthcare, because of spiralling P11D costs.

The implementation of the Medex Protect Plan may prevent this from happening, ensuring a better claims performance (and by default a lower premium) in the medium term.

A simple, cost effective method to realise savings in your Private Medical Insurance Costs, without the hassle of constantly changing providers.

Company literature

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Medical Excess
Individual Plan

A unique insurance plan that pays
pmi excess of up to £1000

Reduce your medical premiums

Medex Protect can very simply reduce your Private Medical Insurance Premiums, without going through the hassles of switching insurer, or even reducing the level of cover that you currently enjoy, it really is very simple.

Option 1 Single Cover

Pay £41.40
Insures £250 excess

(max of 2 claims per year)

Option 2 Single Cover

Pay £82.70
Insures £500 excess

(max of 2 claims per year)

Option 3 Single Cover

Pay £155.00
Insures £1000 excess

(max of 2 claims per year)


High converting insurance excess protetion
product for insurance brokers

High Converting Insurance Excess Protection Product for Insurance Brokers

Medex Protect is a revolutionary new add-on policy that your clients will definitely want. It refunds the excess they pay if and when they make a claim on their medical insurance policy and, it even provides reimbursement (up to policy limits) for shortfalls – providing that little extra protection and peace of mind; a small but significant add-on that will give you the edge over the competition.

Differentiate your services by offering something extra

It is a tough, competitive market out there. If you can’t offer your clients real added value, they are far more likely to start shopping around.

Introducing your clients to such an innovative and exciting new product like Medex Protect Insurance is a great way to show your clients that you’re actively seeking solutions to the funding challenges that they face today.

It is the perfect way to show you’re ahead of the game - offering them something that is both innovative and  beneficial for them.

Access to a broader range of policies

If your clients are put off by the idea of paying an excess - particularly if it is a large one - Excess Insurance can offer a robust solution to this issue. The stand alone Medical Excess and Shortfall Insurance works harmoniously alongside a Group Medical Insurance Policy and simplifies the process of indemnifying this excess liability, without the added complexity of incorporating a Cash Plan, It really couldn’t be simpler.

Medex Protect is a simple product that does “exactly what it says on the tin”. Selling it couldn’t be easier; simply fill out an application form to add Excess Insurance when your clients renew or take out a new policy.

Medex Protect is an excellent way of retaining clients and encouraging new sales. The information set out above is just the tip of the iceberg when it comes to explaining why our product is the perfect accessory for today's intermediaries. 

Intermediaries literature

Free download

For more information on Medex Protect Insurance Policies please call our Broker Hotline on 0800 787 9304

Providing reimbursement of
Statutory sick pay

for 27 of the 28 weeks statutory entitlement

Every Employer will have experienced the financial impact following the legislative changes that removed the Sick Pay Percentage

Threshold Scheme in April 2014. Employers still have the legal obligation to pay SSP, but no longer have the ability to reclaim these payments.

There has never been more an incentive to ensure the wellbeing and engagement of employees within every size of business, across every industry sector and to effectively manage absence and enhance productivity.

SSP Protect is an Innovative Plan designed to Integrate Effective Absence and Attendance Management of Employees with the Financial Reimbursement of SSP for Employers.

Why SSP Protect

Absense Data
Days lost due to sickness absense per year
People have sickness absense lasting 4-6 weeks
Individual loss of earnings
Employer sick pay and associated costs
Impact on the economy

What SSP Protect Provides

  • Reimbursement of SSP (£88.45 per week) from Day 7 up until the end of week 28.
  • Management Referrals - Telephone Consultations with Specialist OH Nurses, with detailed reports and advice provided to the employer.
  • Occupational Health Helpline - Offering expert advice and support for Line Managers.
  • Management Referrals - Face to Face Consultations with Occupational Health Physicians, again with reports provided to the employer.

Sick Pay Protect provides Financial Reimbursement as well as access to Occupational Health Referrals to support employers in achieving an earlier return to work when it becomes likely that an episode of absence is likely to exceed 21 days (whilst ensuring that the employer is compliant with the Equality Act 2010 thus avoiding litigation).

About Us

The directors of Medex Protect Limited have been working at a senior level within the medical insurance sector for over 40 years

Medex Protect Limited is an appointed representative of Compass Underwriting Limited

Compass Underwriting are equity stakeholders in Medex Protect Limited, and as such the product is supported by their well respected, specialist Claims Handling and Administration facility. Compass Underwriting Limited are authorised and regulated by the Financial Conduct Authority, FCA Ref Number: 304908.

The Compass brand was created by a Lloyd’s syndicate in 1986 and set itself up as a separate underwriting agency in 1992 - becoming incorporated in its present structure in April 1997. Wholly owned by the directors Compass Underwriting is one of the UK’s leading independent Accident and Health underwriting agencies working with some 10 UK and European insurers.

Compass’s larger clients include affinity-based schemes for some of the UK’s largest trade unions, police federations, employee benefit products, commercial airline pilots and the SME group and marine crew market Compass is a member of the British Insurance Brokers Association and a founding member of the Managing General Agents’ Association.

Medex Protect is supported by a panel of respected Underwriters, including ANV Syndicate 1861 & Lloyd’s Syndicate 510. The Lloyd’s Managing Agent for Syndicate 510 is R J Kiln & Co Limited, a subsidiary of Kiln Group Limited - authorised and regulated by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and by the Prudential Regulation Authority.

Kiln is part of the 'AA-' rated Tokyo Marine Group.  Their UK operating company, R J Kiln & Co Limited, currently manages four syndicates at Lloyd’s and, in terms of capacity, is one of the largest agencies trading in the Lloyd’s insurance market. Kiln Group Limited is incorporated in England and Wales with registration number 2949032. The registered office is located at 106 Fenchurch Street, London EC3M 5NR.

Available Literature

Free to download

Contact Us

We have professionals on hand to help you

0800 787 9304


Sales & Quotations


Medex Protect Limited
50 Mark Lane

Online Dispute Resolution

The Online Dispute Resolution website is an official website managed by the European Commission dedicated to helping consumers and traders resolve their disputes out-of-court. If you have had a problem with something that you have bought on line, you can use this site if you live in the EU and the trader is based in the EU.

Click here to go to the Online Dispute Resolution Website.