28 December 2015

Oman Insurance Company (OIC) has significantly enhanced its SME Healthcare insurance product to make it competitive and affordable. The redesigned product has 3 main plans, depending on the Emirate - Abu Dhabi & Al Ain, Dubai, and Northern Emirates. Each plan has 3 variants based on the increasing benefit limits.

Oman Insurance Company (OIC) has significantly enhanced its SME Healthcare insurance product to make it competitive and affordable. The redesigned product has 3 main plans, depending on the Emirate - Abu Dhabi & Al Ain, Dubai, and Northern Emirates. Each plan has 3 variants based on the increasing benefit limits.

Speaking about the new product, Christos Adamantiadis, Chief Executive Office of Oman Insurance Company said "For an SME focused on growth, employees' health is a key concern. The simple, pre-underwritten, solution brings together key insurance covers to meet the changing needs of our customers."

Some of the key highlights of the product include quote generation as low as 2 employees and up to 100 members, flexibility in benefit selection based on requirement and budget, volume discount for groups exceeding 50 members, option to increase cover for pre-existing benefit. The product can be offered in all seven Emirates and comes with a free life rider cover of AED 50,000 for death due to any cause. The SME Healthcare insured will benefit from competitive pricing and covers offered by the leading insurer in the country!

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About Oman Insurance Company
Oman Insurance Company (P.S.C.) (OIC) was established in 1975 and is one of the leading insurance providers in the Middle East. OIC has operations across Emirates in the UAE as well as in Oman, Qatar and a subsidiary in Turkey. OIC also owns a medical third-party administrator in Iraq operating under the name of "Support Management Services".

OIC provides a wide range of insurance solutions for individuals and enterprises in Life, Medical and General insurance. With a gross written premium of AED 3.25 billion in 2014, OIC is rated 'A Excellent' by AM Best and 'A- Stable Outlook' by Standard & Poor's.

Additional information about Oman Insurance Company can be found at www.tameen.ae

© Press Release 2015