FBNInsurance, a leading Nigerian life insurer and a member of the SANLAM group, partnered Collinson, a global leader in travel, international health insurance and assistance solutions to launch SmartHealth International, a market specific international health insurance product for critical medical conditions into the Nigerian insurance market.
The product which has been approved by the National Insurance Commission (NAICOM) will bridge the existing gap between domestic and international health insurance products in Nigeria.
FBNInsurance and Collinson have collaborated on the design of SmartHealth International to deliver a suite of new affordable health insurance products targeted at Nigerian employers desirous of protecting and giving peace of mind to its employees and their families.
SmartHealth International, is designed to complement local healthcare cover by providing cover for treatment abroad should an employee or family member develop a critical medical condition that cannot be adequately treated in Nigeria.
Speaking about the launch, the Managing Director/CEO of FBNInsurance, Val Ojumah, said “At FBNInsurance, one of our primary objectives is to help people, businesses and communities get back on their feet when the unexpected happens and it has never been more pertinent than now to offer our customers more choice and peace of mind when it comes to their healthcare. We are delighted to be launching this proposition in partnership with Collinson. Our teams have collaborated to develop a unique and affordable international healthcare solution that not only caters for critical medical conditions that cannot be adequately cared for in Nigeria, but also delivers innovation locally across health insurance product design.
“Understanding the drivers for affordability, and at a time when provision for adequate healthcare and peace of mind has never been more top of mind, SmartHealth International is an affordable solution for the complex and critical care treatments. The proposition has been designed to cater for specific critical complex medical events such as cancer and those requiring renal, orthopaedic and neurosurgery, as well as serious trauma injuries sustained in road traffic accidents. These collectively are the primary medical conditions for which Nigerians are currently leaving the country to seek medical care abroad.
In his contribution, Head of Insurance at Collinson, Lawrence Watts said, “Our health and the health of our loved ones has never been more top of mind and so Collinson is proud to be partnering with FBNInsurance to give their Nigerian clients access to optimum international healthcare whilst maintaining value for money.