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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 |
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
🅰️ Gap Cover Option | 🅱️ Average Price Per Month |
GapPremium Plus | From R580 per month |
🔎 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 Gap Cover Exclusions include:
Injuries or illnesses resulting from substance abuse, including drug and alcohol misuse will be excluded.
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.
🔎 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 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 covers tariff and medical scheme shortfalls, in-hospital and out-of-hospital treatments, emergency room visits, co-payment cover, and more.
No, Medway GapPremium Plus does not provide maternity benefits. However, we recommended that potential policyholders explore other options if maternity cover is a priority.
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.
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.
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.
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