Allianz Worldwide Care: Signature
Allianz Worldwide Care
Signature is a new venture for Allianz Worldwide Care as it is a UK private medical insurance (PMI) plan, which is also described as one of the most comprehensive and transparent PMI plans on the market. The plan is available in Signature Plus and Signature Prime versions.
Benefit Plus Prime
Max annual benefit £5m £2m
In/day-patient benefits Full Full
psychotherapy £25,000 Nil
Outpatient surgery Full Full
Nursing at home/
convalescent home £3,000 £1,000
Rehabilitation treatment £3,000 Nil
and MRI scans/oncology Full Full
Complications of pregnancy Full Nil
Long-term care 30 days Nil
Inpatient cash benefit per £200 £200
night (max 25)
Claim form completion £25 Nil
Incidental charges £100 Nil
(e.g. newspapers, parking)
Full refund is given for elective overseas treatment. On Plus plans, emergency overseas treatment is covered, with a 42 day cap, and up to £2,000 expenses for an accompanying person. On both plans there is a £7,000 repatriation of mortal remains benefit.
Optional add-ons include:
- Outpatient benefits (full refund on Plus, £2K a year on Prime) with limits on some benefits on Prime plans.
- Up to £5,000 for maternity and full refund on in-patient on complications of childbirth on Plus plans only.
- Up to £550 for health assessments (including cancer screening) on Plus plans.
- GP benefits up to £1,000 for Plus and £500 for Prime, with some sub limits.
- Dental and optical plan. This pays up to £2,000 for Plus or £1,000 for Prime. Dental benefits are up to 100% refund on Plus and 80% on Prime plans. Optical benefits are up to £200 per annum on Plus plans only.
Inpatient deductibles of £0, £100, £250 and £500 are available. Customers can choose to have treatment in the UK or abroad. Plans also cover both chronic conditions (including ongoing maintenance and routine monitoring) and licensed cancer treatments, even if not NICE approved. Allianz Worldwide Care says it pays for cancer treatment as long as medically necessary, even if the cancer is terminal. There is a choice of three hospital networks, with direct settlement for all UK hospitals.
Allianz Worldwide Care is the international private medical insurance arm of the global Allianz group. Based in Dublin, AWC claims a 95% customer retention rate.
Telephone: See website for most appropriate numbers.
See website for details.
What They Say
Director of sales, marketing and operations, Claude Daboul, said: “When designing Signature, we took a client-centric approach from the outset and undertook a thorough review of what was available in the market. The competition among employers for senior talent is fierce, and being able to offer a top-end employee benefit such as Signature can make all the difference in terms of attracting and retaining key staff.”
What We Say
"Some iPMI providers already allow their plans to be sold to UK workers, but Allianz Worldwide Care has gone a stage further by launching a dedicated UK PMI plan, but with many of the [wider] benefits typically built into an iPMI plan.
"The plan offers very high benefits and the flexibility to tailor cover to need and it is good to see a major global player re-entering the UK market."
"We are - whatever some might say - a nation with an 'insurance mentality'. So why aren't people buying?" Peter Le Beau