Now Health International has introduced a flexible currency facility for customers in around 200 countries.
The move will allow policyholders the choice of paying premiums in US Dollars, Euros or Sterling.
The international private medical insurance (IPMI) provider's new arrangement is consistent with its policy of flexible global payments and includes a claims option allowing clients the choice of being reimbursed in virtually any currency.
Tim Mutton, business development director at Now Health, said: "Our response to currency flexibility for both premium and claims payments reflects directly the lifestyle demands of our customers.
"For instance, a UK national living in the Philippines could pay their premium in Sterling.
"But, after making a claim whilst on holiday in Bali, he or she is free to choose for their claim settlement to be made in Philippine Pesos, Pounds, Indonesian Rupiah or virtually any other currency depending on their needs at the time," he added.
