Jubilee Health Insurance new offering targets global expatriates

Jubilee Health Insurance new offering targets global expatriates

Jubilee22

Jubilee Health Insurance new offering targets global expatriates

Jubilee Health Insurance is rolling out ‘Care and Health’, a premium international health service offering specifically designed for expatriates and high net-worth individuals who frequently travel abroad, ensuring they receive top-tier medical care wherever they are.

Administered by Henner Group and reinsured by Allianz, this world-class medical insurance provides the best solutions for medical expenses, hospitalization, 24/7 emergency assistance services, and specialized treatments in over 185 countries, ensuring that customers have peace of mind wherever they may be.

Every year, thousands of Kenyans travel abroad seeking treatment for various ailments. According to data from the Ministry of Health, over 10,000 Kenyans seek medical treatment outside the country each year. Additionally, it is estimated that Kenyans spend KSHs 15 billion per year on overseas treatment.

This groundbreaking insurance solution stands out with its unique features, incuding an extensive limit of up to US$4.5 million, giving customers enhanced protection against unforeseen medical emergencies and healthcare expenses. It also empowers individuals to undergo elective procedures, receive specialized treatments, and access routine healthcare services.

Unlike traditional health insurance plans, ‘Care and Health’ offers coverage without limits on pre-existing and chronic illnesses, ensuring that those with these conditions are covered to the full extent, providing peace of mind.

Through an intuitive online platform, intermediaries can generate quotations at their convenience, a feature that streamlines the insurance process, allowing intermediaries to provide personalized quotes to clients quickly and efficiently.

During the launch, Jubilee Health Insurance CEO Njeri Jomo noted that the company’s commitment to empowering its customers to prioritize their wellbeing and receive the best care, all while focusing on their recovery journey without the burden of medical-related costs.

“Our top priority at Jubilee Health is designing products that prioritize the wellbeing of our customers, no matter where they are in the world. Our ‘Care and Health’ cover, made possible through this collaboration, offers unparalleled peace of mind and financial security during medical emergencies.

With this product, individuals and families will receive world-class healthcare whenever they need it. We're setting a new standard for comprehensive healthcare coverage, and this product is truly a game-changer, offering benefits like no other,” said Njeri Jomo.

At the same time, Henner Group Head of International Private Medical Insurance (IPMI) Europe, Middle East & Africa, Nicolas Roubin, added that this collaboration will redefine the landscape of global health while ensuring customers have access to top-tier medical facilities across the world.

Read also: Jubilee Health Insurance profit up 29% to Sh438 million

Demand for international healthcare

"Our international health management expertise has combined with Jubilee Health's innovative health insurance approach to create a powerful global health coverage solution and bring you the best in international health coverage. Together, we aim to set a new standard for global health coverage," noted Nicolas.

Celebrating the regulatory support, Dr. Julius Kipngetich, GCEO, stated: "We are encouraged by the recognition of the IPMI market's potential by local insurers and regulatory authorities. The encouraging stance taken by the IRA to insurance intermediaries regarding overseas business placement has been pivotal in facilitating smoother market entry for international health players like Allianz and Henner Group. These partnerships between global health insurers further underline our industry's commitment to meeting the healthcare needs of Kenyan citizens."

As the demand for international healthcare continues to rise, strategic partnerships such as this will pave the way for a future where quality healthcare knows no boundaries. Moreover, such partnerships will stand as a beacon of hope for individuals seeking superior healthcare solutions, wherever their journey may take them.

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