A leading Nigerian life insurer and a member of the SANLAM Group, FBNInsurance partnered with Collinson, a global travel insurer, to launch SmartHealth International, a market-specific international health insurance product for severe medical conditions.
The partnership between the two firms aims to bridge the health insurance gap between the national and the international health insurance products present in the Nigerian market. The idea is to deliver affordable health insurance products for Nigerian employers who want to protect and give their staff members’ tranquillity.
However, some insurers offer instant policy approval, while others require a detailed review before granting benefits. Understanding these criteria can help individuals select the right plan that aligns with their medical needs and financial capabilities. It’s essential to review the specific terms of each policy, as some may have waiting periods or exclusions that affect eligibility.
One major advantage of modern health insurance plans is the ability to check your Instant Health Insurance Claim Status with ease. Many insurers now provide online platforms or mobile apps where policyholders can track their claims in real time, reducing uncertainty and long waiting periods.
Quick claim processing depends on meeting eligibility requirements, such as having an active policy and submitting accurate medical documentation. By staying informed about these factors, individuals can ensure they maximize their health coverage without unexpected hurdles.
The Head of Insurance at Collinson, Lawrence Watts, said, “at a critical time as the moment, when the demands of even the best of healthcare systems globally are under pressure, it is crucial to provide healthcare alternatives to consumers, particularly in markets where we have identified a gap between domestic and international cover.”
According to a statement, NAICOM approved SmartHealth International was carefully designed to support the local healthcare cover by providing coverage for necessary treatments abroad if a staff or family member developed a serious medical illness that could not be adequately handled in Nigeria.
“FBNInsurance, a leader in life insurance in the country, offers products that help customers enjoy the peace of mind resulted from managing the risks of everyday life, and the introduction of a health insurance proposition complements its portfolio strategy,” the statement also said.
Geographically located at strategic places across the nation, FBNInsurance will market SmartHealth International across Nigeria while partnering with Collinson to leverage its in-house international insurance and expertise to provide global access to certified medical personnel of Collinson.
The MD/CEO of FBNInsurance, Val Ojumah, said, “One of our major goals at FBNInsurance is to assist people, businesses and communities get back on their feet when the unexpected happens, and it has never been more important than now to offer our customers more choice and peace of mind when it comes to their healthcare.”
With the pressures mounting on domestic systems, especially in emerging markets, the move underscores the importance of alternative health insurance solutions that can step in where local infrastructure falls short.
As the insurance industry continues to evolve, adaptability and a global outlook are proving to be essential in developing relevant products that truly meet consumer needs. This partnership illustrates how innovation and global partnerships can enhance the resilience of national insurance offerings, particularly in sectors where consumer trust and satisfaction depend heavily on timely, high-quality service.
This proactive approach to insurance resonates strongly with the broader movement toward comprehensive coverage in specialized sectors. Professionals working in personal wellness and therapeutic services, for example, face unique liabilities that must be addressed to protect both their practice and clientele. As demand for wellness services continues to rise, it becomes vital for practitioners to secure dependable insurance coverage tailored to their field.
For instance, securing Colorado massage therapist insurance ensures that practitioners are covered for a range of potential risks, from client injury claims to professional liability exposures. Such policies not only safeguard the professional’s livelihood but also instill confidence among clients seeking high-quality care.
Much like the healthcare solutions introduced by FBNInsurance and Collinson, comprehensive liability insurance empowers individuals to focus on their expertise while resting assured that unforeseen circumstances won’t derail their work or compromise their professional standing.
The medical health hub is a solution to treatments of complicated and severe health conditions. The proposition has been carefully created to provide medical supports for critical complex medical events, including cancer and those requiring orthopaedic and neurosurgery. More so, sustained accident injuries such as critical trauma can also be taken care of.
Above mentioned medical conditions are the reasons why Nigerians are travelling abroad. They go outside the country to seek such medical care.
Each of the medical cases will be assessed and managed individually while working in sync with the attending doctors in collaboration with Collinson’s international medical expert’s team. Based on the cover purchased level, eligible policyholders will be flown to South Africa, India or the UK. They can also be taken North African countries, where Arabic speaking is needed.
