by Dan Judge
IMG Europe, a subsidiary of US-based health insurer International Medical Group, has created a policy for expats and local nationals in Spain, Cyprus, Portugal, Malta, Greece and Gibraltar.
Coversure International Healthcare is available through financial advisers and intermediaries and has three sub plans, Core, Prime and Prime Plus, each with various options of cover and benefits.
Coverage for the Core and Prime sub-plans is based on treatment received within the insured’s country of residence - extending to Europe when treatment is not available locally. The Prime Plus sub-plan also allows treatment to be sought in-country or across Europe, plus 90 days worldwide, excluding the US and Canada, accident and emergency.
Carl Carter, managing director of IMG Europe. “This is a highly competitive product tailored for the Mediterranean expat market. In light of recent financial hardships throughout Europe, the timing could not be better for the launch of this much needed product. We have already seen considerable demand from brokers across Europe and particularly in Cyprus, Portugal and Spain.”
Additional features of Coversure include a 10% ‘discount off the first year’s premium, and a no claims discount structure of up to 20 percent off subsequent renewal premiums.
International Adviser 22/7/2009
For further information on the compete line of products and services provided by IMG, contact Hollingsworth International Financial Services by calling 00 356 21 316 298; email at info@hollingsworth-int.com; or visit our website www.hollingsworth.eu.com
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