Medicare International launches new excess structure

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MediCare International has announced a new voluntary excess on its international private medical insurance (IPMI) offering up to 50% discount on premiums.

Clients can choose one of four policy excess levels giving 10%, 20%, 35% or 50% discount on the policy combination chosen. The provider has also added a multi-currency feature to its online quote and buy package. Prospective clients can now receive an online quote in sterling, US dollars or euros and take out a policy in their chosen currency immediately. Medicare International expects the multi-currency feature will open new markets overseas. Commenting on the launches, David Pryor, senior executive director said: "We have been looking now for some time at ways to reduce the cost ...

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