Brokerfish

Group Health, life & disability insurance

  • Dedicated service with proven track record
  • Groups stay with us for 10+ years
  • References on request
  • MHD from only 3 employees (Pre-ex covered)
  • Tailored plans for your budget and needs
  • Assistance to control cost and improve quality

Request your group health insurance quote here!

Unlock Comprehensive Coverage for Your Global Workforce: International Group Medical, Disability, and Life Insurance with BrokerFish

At BrokerFish, we offer international group medical, life and disability insurance policies. These typically provide comprehensive coverage, flexible options, and ease of management for organizations of all types and sizes. Whether you are an SME, multinational corporation, oil and gas company, mining operation, consulting firm, NGO, international school, embassy, or organization with local employees, we can help you find the right insurance plan to meet your specific needs and budget.

Our international group medical insurance policies offer a range of benefits, including in-patient and out-patient medical care, preventative health care, dental and vision care, and coverage for pre-existing conditions. Moreover, our policies are flexible, with a range of deductible options, coverage levels, and geographical regions to accommodate the needs of different organizations.

We live and thrive for medical insurance – review your options today!

By partnering with us, you gain access to our years of experience in the international health insurance industry. Our strong relationships with top insurance providers worldwide is exceptional. Our expertise and industry connections enable us to help you find the right insurance plan quickly and easily. Additionally, our high-quality service and commitment to excellence have earned us an “Excellent” rating on Trustpilot, so you can trust us to deliver the best possible service.

Offering comprehensive coverage through international group medical insurance can be a valuable tool for attracting and retaining top talent. It shows a commitment to the well-being and safety of your employees and can boost morale and foster a positive work culture.

Contact us today to find out how we can help you and your organization find, manage, and improve your employee benefits. We also invite you to learn more by reading our guide to medical insurance.

Group Medical Insurance

Underwriting options

There is a wide range of underwriting options available and those are

Fully underwritten

Fully underwritten policies in IPMI involves a thorough review of the applicant’s medical history, as well as other factors like their age and occupation, in order to determine their eligibility for coverage and the premium they will pay. The insurer may require the applicant to undergo a medical examination or provide additional information, such as medical records. This type of underwriting is usually employed for individual policies, but some insurers may also use it for very small groups of only two to ten employees. It is however important to note that some insurers allow for MHD underwriting from only five employees.

Moratorium

Moratorium underwriting in IPMI refers to a type of underwriting where certain medical conditions are not covered for a specified period of time, typically two years, from the start date of the policy. During this period, any condition, disease, illness, or injury that the insured has sought or received advice, treatment, therapy, special diet, or exhibited symptoms in the two years prior to the effective date, regardless of whether or not the condition has been diagnosed, will not be covered by the policy.

However, after the two-year moratorium period, coverage may be provided for previously excluded conditions, provided they are not chronic or require constant medication or regular treatment and advice. This mode of underwriting is often used for smaller groups where companies do not want to pay the extra loading associated with MHD underwriting.

It’s important to note that a moratorium can be beneficial for individuals who may have pre-existing conditions or a history of medical issues as it may still offer coverage for other conditions during the moratorium period. However, it’s important to carefully review the policy terms and understand the limitations of the coverage during the moratorium period.

Conditional underwriting

With conditional underwriting, the insurer will offer coverage with certain conditions or exclusions. For example, an applicant with a pre-existing medical condition may be offered coverage with an exclusion for that condition, or a higher premium may be charged to cover the added risk. This approach allows the insurer to offer coverage while still managing their risk.

CPME – Continued personal medical exclusions

Continued personal medical exclusions: With CPME underwriting, an insurer will allow an individual to retain the same level of cover they had on their old policy with their previous provider. This is mostly used for personal policies but can also be used for small group policies to keep premiums lower. CPME underwriting is particularly important for those who’ve had medical conditions treated under their old plan because the new insurer won’t add any new exclusions based on those conditions.

MHD – Medical History Disregarded

MHD is an underwriting type for groups in which an applicant’s medical history is not taken into account when determining coverage eligibility or pricing. In MHD underwriting, the insurance company does not ask about the applicant’s health or pre-existing conditions, nor does it require a medical exam.

For small groups, the insurer may request that the group members disclose any known medical history or planned treatments before coverage begins, but for larger groups, the insurer typically does not ask for such information. It is important to note that MHD underwriting may result in higher premiums as the insurance company is taking on more risk by not considering an applicant’s medical history.

However, MHD underwriting can be beneficial for individuals or small groups who have pre-existing conditions or a history of medical issues as they will not be penalized or charged higher premiums based on their medical history.