Flexible employee benefits insurance plans
AIA Group Insurance is called A-SME Flex. This group insurance from AIA offers flexible healthcare coverage options and benefits to fit the company’s needs and budget.
What is A-SME Flex?
A-SME Flex is an insurance solution specifically catered to Small and Medium Enterprises (SMEs) to help them provide health insurance for their employees. The plan aims to ensure that employee health and welfare are prioritized while also being flexible to meet diverse needs.
Who is Eligible?
- Employees: All full-time employees actively at work under 65 years of age, falling within occupational classes 1 to 4.
- Dependents:
- Spouse: Must be under 65 years of age.
- Children: Unmarried children over 14 days but under 19 years old (or under 23 if studying full-time and not employed).
Key Features of A-SME Flex
- Comprehensive Coverage: Offers a range of healthcare options, life insurance, and other benefits.
- Flexibility: Businesses can customize their plans based on the diverse needs of their workforce.
- Ease of Access: Digital platform for application submission and management.
Coverage Options
Here’s a comparison of the three plans under A-SME Flex:
| Benefit Category | Starter Plan | Standard Plan | Business Plan |
|---|---|---|---|
| Total Annual Premium | RM 94,920 | RM 118,920 | RM 166,320 |
| Hospitalization Limit | RM 40,000 | RM 80,000 | RM 120,000 |
| Outpatient Limit (GP) | RM 2,000 | RM 3,000 | Unlimited |
| Outpatient Limit (Specialist) | RM 2,000 | RM 3,000 | Unlimited |
- Annual Limits: Each plan has a specified limit for hospitalization and outpatient care, allowing businesses to select based on their employees’ health needs.
Additional Benefits Offered
- Life Insurance: Provides security for employees’ families in case of untimely death.
- Critical Illness Coverage: Financial assistance for conditions like cancer, heart disease, etc.
- Specialist Consultations: Access to specialists for more complex medical needs.
Enrollment Process
- Consult an AIA Representative: Speak with a representative who will help you complete your application.
- Submit Application: Include premium payment alongside the completed application.
- Health Declarations: Employees may need to complete a Personal Health Declaration if the company has ten or fewer employees or if the coverage amount exceeds set limits.
- Commencement of Coverage: Policy starts once the application is accepted by AIA.
Managing Your Plan
- Digital Experience: The process from choosing a plan to managing claims is streamlined through a digital interface.
- Quick Claims Process: Claims can be reimbursed within 5 days.
- Employee Support: Continuous support is offered to manage health benefits efficiently.
Why Choose A-SME Flex?
- Tailored Solutions: Customization according to business industry and employee needs.
- Employee Welfare: Investing in employee health translates to increased productivity and satisfaction.
- Competitive Edge: Providing reliable benefits can help attract and retain talent.
Conclusion
The A-SME Flex Group Health Insurance Plan is designed to meet the needs of SMEs by offering comprehensive, customizable employee benefits that prioritize health and wellbeing. It simplifies the process of managing employee health insurance while providing essential coverage options for businesses looking to invest in their workforce.
- Swan Lin Yaphttp://bestinsurancemalaysia.com/author/themesupport/
- Swan Lin Yaphttp://bestinsurancemalaysia.com/author/themesupport/
- Swan Lin Yaphttp://bestinsurancemalaysia.com/author/themesupport/
- Swan Lin Yaphttp://bestinsurancemalaysia.com/author/themesupport/
