Despite difficult economic circumstances facing the SME business population, AXA Health has continued to see our SME client population grow, with the total number of policies sold and total lives covered growing by c.10%.
This is coupled with an increased demand from employees, 32% of whom now rank health cover above other well-known benefits, such as increased pension contributions and high street discounts according to research conducted by employee benefits technology provider Zest published in 2023.1
In addition, nearly 50% of the SME business written by our regional brokers in 2022 was new to market, which shows that health cover is increasingly becoming a priority for businesses, regardless of whether they previously had health cover or not.
Introducing our January discount offer
There is a growing number of SMEs in the market who are looking for private medical insurance for their employees and cost is a significant factor in their decision-making process.
Considering this, we are happy to announce a 7.5% discount on all initial quotes for our Business Health or Business Protect products to new to market SME clients with a contract start date in January 2024.
This discount will only apply to new to market SME clients who are looking to cover between 1 to 64 employees enrolling on either a two-year moratorium or full medical underwriting terms.
This offer ends on 31 January 2024.
To quote, please email firstname.lastname@example.org or speak to your account manager.