Our underwriting

Global Health Insurance

Our approach to underwriting is designed to provide a clear and fair experience for all our members.

Every individual plan we issue is based on a full medical underwriting approach. We ask detailed questions about each person’s medical history before issuing a plan. This means we only have to ask for this information once, at the time of application, and each person knows exactly what they’re covered for.

We take the same approach for company plans with under 10 members.

For companies that want to cover 10 or more people, we may be able to offer a plan on a ‘medical history disregarded’ basis and so won’t require them to provide detailed information about their employees up front.

We also have the option to offer cover on continuous transfer terms whereby we may be able to carry across any underwriting terms or exclusions (given by your existing insurer) to a Now Health plan.

Our underwriting partners

We have a number of strategic relationships with companies worldwide who underwrite our plans: 

Our underwriting partners

 

Our underwriting partner in Singapore is Sompo Insurance Singapore Pte. Ltd. Sompo Insurance was established in January 2013 when Tenet Insurance Company Ltd merged with Sompo Japan Insurance (Singapore) Pte. Ltd. In January 2014, Sompo Insurance further merged with NIPPONKOA Insurance Co., Ltd., Singapore Branch, by acquiring its general insurance business to form an even larger entity in Singapore. Sompo Insurance has been a part of the Singapore history since 1957 (as Tenet Insurance), while Sompo Japan group and NIPPONKOA Insurance Group have their histories stretching back to 1888 and 1892 respectively.

www.sompo.com.sg

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