Press Release - Status Medical Insurance Solutions Launches European Health Cash Plan Product and New International Private Medical Insurance

November, 2018

[London] Status Medical Insurance Solutions, a new brand for Status Global Insurance (SGI), have just launched a new European Health Cash Plan product alongside Status Worldwide Healthcare, a new international private medical insurance (iPMI). These two new products complement those already available from Status Global Insurance, and are a great fit for the expat market.

The Status Medical Insurance Solutions (SMIS) brand focuses on products designed to meet the health and wellness needs of expats and their families. Additionally, both new products are also available for corporate groups. SMIS will continue to grow their product offerings available under this new brand over the next few years.

While health cash plans may be common in the UK, they are not available throughout Europe; making this new ‘European Health Cash Plan’ the first product of its kind available to the European Economic Area (EEA). This is particularly important for employee groups, as now UK and EEA employees can be covered under the same plan and receive the same benefits.

“It is exciting to be launching the first cash plan product available to the EEA,” says Ian Atkinson, Director at SGI, “This is a brand new ‘type’ of product in the European market so we will be investing a lot of time and resources into educating European insurance brokers and the general public about the product and benefits offered.”

With the Status European Health Cash Plan policy holders can claim back cash for certain everyday healthcare expenses that tend to be paid out-of-pocket, or are not typically covered by national healthcare systems or private medical insurance, such as dental treatment or prescription eye glasses.
The new Status Worldwide Healthcare iPMI product offers a variety of choice with different levels of cover and options to choose between. This product will meet the needs for a wide variety of expats from ‘budget-friendly basic cover to comprehensive premier options as well. The product is available to expats worldwide and many local nationals upon prior approval.

For more information about Status Medical Insurance Solutions or the European Health Cash Plan, please visit the new website: www.statusmedicalinsurance.com

About Status Global Insurance
Status Global Insurance is a trading name of Status Insurance Management Ltd, which has been operating for over 30 years and is a Lloyd’s European coverholder. Status Global Insurance offers a wide range of insurance products to both UK and EU residents. Status Global Insurance prides itself on offering exceptional wholesale and retail insurance products and services to both local nationals and expatriates in the UK and EEA. For more information please visit the Status Global Insurance website: www.statusglobalinsurance.com