Pacific Prime Insurance Brokers Singapore has launched a new SME Solutions plan in partnership with Allianz.
The new plan provides small and mid-sized enterprises with a range of benefits at a competitive price in the market.
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A limited number of clients of the SME Solutions plan will be able to receive preferential rates and bonus coverage till 1st January 2021.
Pacific Prime Singapore CEO Olivier Zeller said: “In light of global economic uncertainties, small and mid-sized enterprises often consider switching to policies based on price which can lead to administrative and claim issues down the line. The SME Solutions plan is designed to address this concern, making affordability a central tenet, whilst ensuring a robust and sustainable plan.”
The plan, which is available via an online portal, is said to allow SME employers to choose plan modules in accordance with the requirements for their employees. The plan onboards eligible employees immediately.
Additionally, the employees will be able to benefit from a range of option including cover for telehealth consultations, direct billing for eligible inpatient costs, wellbeing support services such as HealthSteps wellness app, and dedicated 24/7 helpline.
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By GlobalDataIt also offers Covid-19 related support services and medical evacuation if suitable treatment is not available locally.
Allianz Global Corporate and Specialty head of International Health for Singapore Rifka Chaouki said: “We’re delighted to work with Pacific Prime Singapore to offer this unique proposition to small and medium businesses in Singapore.
“Reflecting our combined market knowledge and expertise, SME Solutions meets a need in the market for flexible, comprehensive cover. A distinctive benefit of the plan will be the Moratorium available for very small groups to ensure employees are protected in the fastest possible way.”
