FBNInsurance launches health insurance product

FBNInsurance Limited has introduced its health insurance product, SmartHealth International, to insurance brokers.

The event held during its second Brokers’ Forum, which had over 30 top ranking brokers in attendance, as well as executive members of FBNInsurance and the healthcare solution provider, Collinson, that partnered with the insurer to develop the product.

The Managing Director/Chief Executive Officer of FBNInsurance, Val Ojumah, stated that the company, had over the years, had planned to bridge the gap in the health sector due to the high cost and limited access to medical facilities by the average Nigerian.

He said: “To this end, we decided to partner an outstanding healthcare provider, Collinson, with over 30 years experience, to develop a flexible health insurance solution that provides an end-to-end high-quality service both in Nigeria and internationally.”

SmartHealth International, according to Mr Ojumah, is a market-specific and National insurance Commission (NAICOM)-approved product, designed to complement local healthcare cover by providing cover for employees and their families with affordable international healthcare.

Ojumah said SmartHealth International covers untreatable illnesses.

He urged the brokers to promote the product as it would help address the lapses in the health sector.

The brokers applauded the insurer and its partner for the initiative and pledged to promote SmartHealth International, saying that they were ready to do more for a reputable brand such as FBNInsurance Limited.