Medway GapPremium Plus (🇿🇦 2024)

Overall, Medway GapPremium Plus is a trustworthy short-term insurance product designed to provide extra protection for those who already have medical aid. The Medway GapPremium Plus Plan starts from R580 ZAR. Medway has a trust score of 4.1.

🔎 Provider	🥇 Medway GapPremium Plus
🟥 Years in Operation	35 years
🟧 Underwriters	Guardrisk
🟨 Market Share in South Africa	<1%
🟩 Gap Cover Waiting Period	3 – 12 months
🟦 Do Exclusions Apply	✅ Yes
🟪 Average Monthly Premium	R580
🟥 Oncology Benefit	✅ Yes
🟧 In-Hospital Benefit	✅ Yes
🟨 Out-of-Hospital Cover	✅ Yes

Medway GapPremium Plus - 7 Key Point Quick Overview

Medway GapPremium Plus Overview

The Medway GapPremium Plus is one of ten plans that starts from R580 per month. The Medway GapPremium Plus plan has benefits for private treatment for cancer, premium waivers, sub-limits, procedural co-payments, shortfall cover, and more. Medway Gap Cover has nine plans to choose from

Medway GapPremium Plus Premiums

🅰️ Gap Cover Option	🅱️ Average Price Per Month
GapPremium Plus	From R580 per month

Medway GapPremium Plus Cover Features

🔎 Benefits	💶 Cover Amount
🟥 Tariff and Medical Scheme Shortfall	Covers up to 600%
🟧 Chemotherapy, Radiotherapy, Kidney Dialysis, Outpatient Treatment	N/A
🟨 Medical Procedures performed in the doctor’s room	N/A
🟩 Consumables for Hospital Disposables	R3,000 per family per year
🟦 Hospitalization or Death because of an Accident	R10,000 per family per year
🟪 Casualty/Emergency Room Cover	R10,000 per family per year
🟥 Sub-limit Cover	R185,000 per insured person per year
🟧 Appliance/Prostheses Cover	R3,000 per family per year
🟨 Procedural Co-payment cover	R185,000 per insured person per year
🟩 Non-Network Hospital Co-payment Cover	R13,500 per family per year
🟦 Private Treatment cover for Cancer – Sub-limit cover for biological drugs	R150,000 per insured person per treatment cycle
🟪 Premium Waiver	R20,000 per family per year

Medway GapPremium Plus Exclusions and Waiting Periods

Medway GapPremium Plus Exclusions

Medway Gap Cover Exclusions include:

✅ Bodily harm or illness caused by acts of war, military engagements, uprisings, or revolutions.
✅ Injuries arise from the use of nuclear weapons or exposure to nuclear materials.
✅ Self-inflicted injuries or attempted suicide.
✅ Injuries incurred during active military service, except under HECB Cover.
✅ Injuries sustained from participation in aviation or motorized speed testing.
✅ Exclusion of routine physical or diagnostic procedures.
✅ Expenses related to cosmetic surgery and treatments for obesity.
✅ Exclusion of depression, insanity, mental stress, and psychotic disorders.
✅ Rejection of any fraudulent claims.

Injuries or illnesses resulting from substance abuse, including drug and alcohol misuse will be excluded.

Medway GapPremium Plus Waiting Periods

Medway gap cover policies are designed to provide immediate benefits without a general waiting period. Therefore, your coverage starts as soon as the policy is in effect. The underwriter may impose a three-month general waiting period unless the Premium Waiver benefit is utilized, eliminating the waiting period. Moreover, if you have any pre-existing medical conditions diagnosed or treated before applying for the policy, a standard waiting period of 12 months will apply. Therefore, disclosing all relevant conditions on your application form is important to ensure accurate coverage. Medway GapPremium Plus Exclusions and Waiting Periods

Medway GapPremium Plus Exclusions and Waiting Periods

Medway GapPremium Plus vs Other Gap Cover Plans

🔎 Provider	🥇 Medway GapPremium Plus	🥈 Sirago Ultimate Gap	🥉 Liberty Universal Gap Cover
🟥 Years in Operation	35 years	30 years	66 years
🟧 Underwriters	Guardrisk	GENRIC Insurance Company Limited (FSP: 43638)	Guardrisk Life Limited (FSP 76)
🟨 Market Share in South Africa	<1%	>10%	>25%
🟩 Gap Cover Waiting Period	3 – 12 months	From 3 months (up to 12)	12 months
🟦 Do Exclusions Apply	✅ Yes	✅ Yes	✅ Yes
🟪 Average Monthly Premium	R580	R498	R447
🟥 Oncology Benefit	✅ Yes	✅ Yes	✅ Yes
🟧 In-Hospital Benefit	✅ Yes	✅ Yes	✅ Yes
🟨 Out-of-Hospital Cover	✅ Yes	✅ Yes	✅ Yes
🟩 Maternity Benefit	None	✅ Yes	None
🟦 Scopes and Scans	✅ Yes	✅ Yes	✅ Yes
🟪 Co-payment Cover	✅ Yes	✅ Yes	✅ Yes
🟥 Emergency Room	✅ Yes	✅ Yes	✅ Yes
🟧 Accidental Cover	✅ Yes	✅ Yes	✅ Yes
🟨 Trauma Counseling	None	✅ Yes	✅ Yes
🟩 Premium Waiver	✅ Yes	✅ Yes	✅ Yes
🟦 Non-DSP Co-Payment	✅ Yes	✅ Yes	✅ Yes
🟪 Prostheses	✅ Yes	✅ Yes	✅ Yes
🟥 Travel Cover Extender	None	None	None
🟧 Accidental Death/ Permanent Disability	✅ Yes	✅ Yes	✅ Yes

Our Verdict on Medway GapPremium Plus

Our research shows that Medway GapPremium Plus is a popular gap cover plan offered by Medway, a well-established provider in South Africa with 35 years of experience. Priced at R580 per month, this plan provides various benefits to policyholders. Compared to other gap cover plans, Medway GapPremium Plus falls behind in market share, holding less than 1% in South Africa.

Medway GapPremium Plus Frequently Asked Questions

What are the key benefits and cover provided by Medway GapPremium Plus?

Medway GapPremium Plus covers tariff and medical scheme shortfalls, in-hospital and out-of-hospital treatments, emergency room visits, co-payment cover, and more.

Does Medway GapPremium Plus include maternity cover?

No, Medway GapPremium Plus does not provide maternity benefits. However, we recommended that potential policyholders explore other options if maternity cover is a priority.

How does Medway GapPremium Plus compare to other gap cover plans?

Medway GapPremium Plus may have a lower market share than other providers, but it offers competitive benefits. Therefore, it is advisable to compare different plans’ features, waiting periods, and exclusions to make an informed decision.

What are the waiting periods for Medway GapPremium Plus?

Generally, Medway GapPremium Plus offers immediate benefits without a waiting period. However, a three-month general waiting period may apply unless the Premium Waiver benefit is utilized. Pre-existing medical conditions have a standard waiting period of 12 months.

How can I apply for Medway GapPremium Plus?

To apply for Medway GapPremium Plus, visit their official website or contact customer service. They will guide you through the application process, documentation requirements, and premium payment options.