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Azerbaijan to apply VIP health insurance

Business Materials 29 September 2009 10:59 (UTC +04:00)

Azerbaijan, Baku, Sept. 29 / Trend U.Ismayilova/

One of the major Azerbaijani insurance companies A-Group has already completed the development of a new VIP health insurance program, chairman of the company board, Anar Bayramov.

"The new program will be presented to customers soon," Bayramov said. According to forecasts, there will be great demand in this type of insurance product."

The new program will cover even the diseases that other insurance companies have excluded from their programs for health insurance. The insurance services reflect the treatment of cancer and other serious diseases, as well as home delivery of medicines and provision of doctors' services at home. In addition, the package covers the treatment of influenza A/H1N1, Bayramov added.

Given the scope, the VIP program will be much more expensive than simple one.

A-Group Insurance Company provides services for 3 types of compulsory and 14 types of voluntary insurance. The company's authorized capital is 1.55 million manat. In January-July, the company collected premiums of 5.03 million manat, with payments of 2.41 million manat.

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