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Nurturing People
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& Governance
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Our Associates
Introduction
BEYOND SHORT-
TERM PROFITS
BEYOND SHORT-TERM PROFITS 33
Axiata Group Berhad | Sustainability & National Contribution Report 2016
National
Contribution Report
BEYOND
SHORT-TERM PROFITS
Country
Product
Monthly
price
Insurance
cover (USD)
Registered
customer
% of mobile
operator
base
Achievements
Bangladesh
Life Insurance
Free
Up to $740 7m
28%
Cover 4% of Bangladesh
population
Doctors Consultation
$0.40
Unlimited
doctor calls
0.2m
0.5% (new)
Sri Lanka
Personal Accident
$0.20-$1.00 $7,400-
$37,000
1m
13%
Dialog Gold Award winner
for best business creation
2016
Hospital Insurance
$0.70
Up to $200 0.7m
10%
Cambodia
Life Insurance
$0.80-$1.60 $1,000-
$2,000
0.5m
10%
No. 1 Insurer in Cambodia
Hospital Insurance
$1.60
Up to $300 <0.1m
<0.1% (new)
Table 1: Axiata Group’s m-insurance offerings in partnership with BIMA
Dengue fever and typhoid
are common diseases in
Indonesia. Both are crippling
and, if left untreated,
potentially fatal. The impact
of these diseases is worst
felt by the less privileged
in Indonesian society who
may not be able to afford
or choose not to seek
immediate medical help.
Providing safety nets against health threats in Indonesia
In order to lighten the burden of seeking
medical help for these afflictions, XL
Axiata, together with Bank Mega, has
launched the Mega XL Sehat Mobile
Insurance Programme, which provides
coverage specifically against dengue and
typhoid. The micro-insurance scheme
which costs Rp. 4,950 per month will
compensate policyholders for medical
costs should they be hospitalised for more
than two days. Policyholders will receive
Rp. 500,000 each day of hospitalisation
for up to 10 days.
Given the escalating costs of healthcare, we believe that m-insurance is one way in which we can leverage on our mobile offering while
creating positive social value for our communities. We plan on further expanding our m-insurance offerings in the future to our other OpCos.
XL Axiata’s Mega Sehat M-insurance
scheme was designed to leverage on
mobile services to provide an essential
service in an affordable and accessible
way. All XL Axiata subscribers are
eligible for the scheme thereby making
the service available to all throughout
the nation.