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Group or personal health insurance for company directors?
Should a UK company director use group PMI or personal private medical insurance? How director-only groups, P11D, and dependants usually work. Information only.
Directors who employ staff usually belong on the group scheme. Directors with no employees usually need individual PMI. Director-only groups of two are a grey zone: some insurers accept them, some want a genuine wider group. Get the structure right before you compare prices.
Use group cover when
There is a real workforce (even two people) and the company is paying for employee benefits. Group underwriting and group rates then make sense. Dependants follow scheme rules.
Use individual cover when
You are a one-person company, or the only person who needs treatment access, and there is no eligible second life. Forcing a “group of one” fails. Self-employed sole traders are in the same bucket unless they have staff.
Tax and appearance
Company-paid director PMI is still usually a benefit in kind if you are an employee-director. Paying personally from dividends is a different design. Do not pick the wrapper only to avoid tax — HMRC looks at substance. Read the tax page with your accountant.
Frequently asked questions
Can the company pay my personal PMI?
Sometimes as a benefit, with tax consequences. Whether that is efficient is an accountancy question, not an insurance comparison question.
Related: Tax outline · Two employees · Self-employed