LONDON, December 6, 2011 /PRNewswire/ --
MediCare International has announced a new voluntary excess structure around its international private medical insurance policies which can give policyholders up to 50% discount on their premiums. Clients can choose one of four policy excess levels giving 10%, 20%, 35% or 50% discount on the policy combination chosen.
MediCare International offers four different levels of cover across two geographical options, worldwide and worldwide excluding the USA, Canada and the Caribbean. Polices cover a wide range of potential complaints from GP and dentistry visits through to emergency hospital care and evacuation for the most serious cases. MediCare International is well known as one of the few insurers whose policies cover in full the cost of chronic care treatment. The company also covers workers in some of the world's more difficult areas such as warzones and post conflict reconstruction areas.
Commenting on the launch, senior executive director David Pryor said, "We have been looking now for some time at ways to reduce the cost of care for clients, whether insured on an individual or group basis. Client feedback told us that the quality of the care is paramount and should never be compromised but for some, the option to co-insure and accept a proportion of the costs in the event of a claim could be a very attractive feature."
At the same time, MediCare International has added a new multi-currency feature to its popular online quote and buy package, meaning prospective clients from all over the world can now receive an online quote in sterling, US dollars or euros and then take out a policy in their chosen currency immediately. MediCare International expects that its new mul