Customers Gain Currency Flexibility

In response to feedback from intermediaries, Now Health International, the international private medical insurance provider, has introduced a flexible currency facility for their customers in around 200 countries within Europe, the Americas, Africa and Asia Pacific. In future, policyholders will be given the choice of paying their premiums in US Dollars, Euros or Sterling.

The new arrangement is consistent with Now Health's customer-centric policy of flexible global payments and includes a claims option allowing policyholders the choice of being reimbursed in any currency.

Whilst the market norm is for claims to be settled only in the currency in which premiums are paid, Now Health will pay out in over 130 currencies from the Albanian Lek to the Zambian Kwacha.

Tim Mutton, business development director, said: "Our response to currency flexibility for both premium and claims payments reflects directly the lifestyle demands of our customers. For instance, a UK national living in the Philippines could pay their premium in Pounds. But, after making a claim whilst on holiday in Bali, he or she is free to choose for their claim settlement to be made in Philippine Pesos, Pounds, Indonesian Rupiah or virtually any other currency depending on their needs at the time.".

About Now Health International

Now Health International is an International Private Medical Insurance provider. Headquartered in Hong Kong it has further regional offices in the UK and UAE. The company provides medical insurance plans to people who want to access international healthcare around the world. Its products are available directly to individuals and companies and via brokers and other intermediaries. Info: www.now-health.com.

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