Personal Insurance
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Insurance Details
Health and Medical Insurance is designed to help individuals and families manage the cost of medical treatment, hospital care, and healthcare services.
It provides financial support for hospital admissions, medical procedures, and selected out-of-hospital services, reducing out-of-pocket expenses and improving access to timely healthcare.
Whether you are an individual, a family, or an overseas visitor, Health and Medical Insurance is an important part of personal financial and wellbeing protection in Australia.
Cover Sections / Benefits Covered
Q&A – Common Questions
No. Medicare provides basic public healthcare, but private health insurance offers greater choice, shorter waiting times, and access to private hospitals and specialists.
Hospital Cover applies to treatment as a private patient in hospital.
Extras Cover applies to out-of-hospital services such as dental, optical, and physiotherapy.
Yes. Waiting periods apply for certain services, particularly pre-existing conditions, maternity, and major dental.
No. Out-of-pocket expenses may still apply depending on Medicare rebates, provider fees, and policy limits.
Health insurance policies vary widely in inclusions, exclusions, and value.
As your adviser, FRS helps you:
• Compare policies across multiple health funds
• Align cover with life stage, income, and healthcare needs
• Understand waiting periods and exclusions
• Review cover regularly to maintain value and suitability
Health and Medical Insurance is not just about managing medical costs—it is about protecting wellbeing, choice, and long-term health outcomes.