A. Health Insurance Projekt
B. Formation of an insurance Company
C. Reinsurance Service
enclosed details about the VIPCover Health insurance policy and other
activities from our
For the Health Insurance Project we can also send you the insurance terms
and conditions, which
should be regarded as a rough model for the time being. The conditions will
of course have to be
adapted to the circumstances of each country.
A.1. Philosophy and goals of the policy
will offer policyholders possibilities unprecedented in treatments (with in-patient
in Germany. Needless to say, the patient can also opt for treatment in
Treatment abroad only makes sense of course if in-patient treatment is
necessary. But particularly
in the case of serious illnesses or illnesses that need advanced know-how
and many specialists,
this policy gives the patient the opportunity to be treated in a country
with the best medical knowhow
in the world.
Thanks to the policy's unlimited insured sum, the policyholder has unlimited
doctors do not have to work to any budget restrictions.
With this policy we want to provide policyholders in different Countries
with a "genuine" health insurance
based on the German model.
Another major component is that the policy in principle insures EVERYTHING –
in other words
does NOT name the insured treatments and illnesses - and works with a clear
exclusion list from
which the policyholder can see at glance what is not covered.
The list of exclusions should also only be regarded as a draft. In general
we can change the terms
and conditions in all areas and thus also quickly respond to market changes.
Another element of our philosophy is that after an introduction period for
the policy the insurer
waives its option to terminate vis-à-vis the policyholder (PH). One of the
main problems in health
insurance policies is that the insurer could in theory terminate vis-à-vis
the PH each year.
The policy is in effect now prolonged automatically from year to year
without a specific extension
commitment of the policyholder being required.
A.2. Insurance approach / reinsurance policy
insurer who takes on a minimum 10% of the risk will be required if the
is to be installed.
The local insurance company would also be responsible for issuing the
policies and helping in the
The local insurer will be selected after a market analysis and discussions
with several potential
A German insurance pool comprising the leading German health insurers will
be probably be put
in place as reinsurer.
A.3. Local selling
insurer would also have to control selling of the insurance in the territory.
must be paid when selecting the local insurer that it has as many sales
channels (agents, bank
cooperation arrangements and brokers) as possible and a broad sales network.
In general, we prefer offering a local partner exclusiveness for a certain
period of time in so far as
he can demonstrate good sales figures within the first few months.
Training for the insurer and the sales force will be supported by TPSH and
the insurer pool from
B. Support for Formation an insurance company
We can advise
the formation of an insurance company in any Country. For this purpose we
service agreement with at least payment € 100.000 additionally any expenses
(flight, hotel etc.) for
two consultants over 20 workdays.
C. Reinsurance Service
to point A. and B. or also additionally to point A. and B. we can give an
company support in handling and execution in reinsurance business for
different cases in life and
A. B. C. Next steps
We hope that
this has given you a good overview of the health insurance product and the
activities doing by our company.
From the latest information about many newly developed Countries that we
have to hand, there appears to be very
significant need for such a product and we are certain that the product
stands an excellent chance
in the health insurance market in this Countries for VIP´s.
In so far as you share our opinion that such a product could be very
successful, we would be
pleased to identify an insurance partner in this Countries in the near
Please contact us directly for more Questions !!