WORLDWIDE MEDICAL TRUST
BRITISH-AMERICAN PLAN
The International Medical Policy For the New Millennium

Security for the Worldwide Medical Trust

What is the Worldwide Medical Trust?

The Worldwide Medical Trust (WMT) is a legal entity located in the State of Mississippi. WMT was created to provide top quality medical coverage for persons who are not citizens or permanent residents of the United States of America. The coverage provided by the Trust will pay for hospital stays and covered expenses anywhere in the world including the insured's country of residence or in the United States.

Who provides the insurance backing for the Worldwide Medical Trust?

The Worldwide Medical Trust is underwritten by Certain Underwriters at Lloyd's. The Lloyd's market, or Lloyd's of London as some people still call it, is a unique insurance provider located in London, England. It has a history spanning over 300 years. Lloyd's has 139 separate underwriting syndicates, covering all classes of business in over 60 territories worldwide. Choosing to place business at Lloyd's ensures access to the variety and wealth of experience necessary to provide truly innovative solutions to individual insurance requirements.

The level of risk the insureds are looking to transfer, means that they need a carrier who has the size to compete. Lloyd's offers the benefits of a subscription market and the backing of the total resources of 15.32 billion pounds sterling or US $24.51 billion dollars at $1.60 to the pound exchange rate.

As a broker or an insured, the security and capital adequacy of an insurer is of supreme importance. All policies issued by any Lloyd's syndicate have been endorsed by the top insurance rating agencies. In 1999, Lloyd's security was further strengthened through a five year agreement to insure the Lloyd's Central Fund. This is a huge vote of confidence by six of the world's top insurers to rebuild the strength of Lloyd's. The insurance agreement was also welcomed by two major agencies; Standard and Poors confirmed its previous financial strength rating of "A+" while A.M. Best affirmed it's "A" (excellent) rating.

The Lloyds of London Building

Who is the Trustee of the Worldwide Medical Trust?

The Trustee of the Worldwide Medical Trust is Trustmark National Bank located in Jackson, Mississippi. Trustmark National Bank owned by the Trustmark Corporation with $6.4 billion in assets, is the largest bank holding company in Mississippi. Trustmark National Bank was founded on November 14, 1889, as the First National Bank of Jackson, Mississippi. The bank assumed its present name on September 4, 1985. Trustmark National Bank is not only the Trustee of the WMT, but it is also the depository of the funds of the WMT. Trustmark National Bank is a member of the Federal Deposit Insurance Corporation of the United States (FDIC).

Who is the Administrator of the Worldwide Medical Trust?

The Administrator of the Worldwide Medical Trust is MorganWhite Administrators International, Inc., located in Jackson, Mississippi. MorganWhite Administrators International also has offices in Miami, Florida and Caracas, Venezuela. In 1998, MWAII, after a careful examination and recommendation by a Lloyd's broker, was approved to be tribunalized by Lloyd's. As a result of this approval MWAII has entered into a contract with certain underwriters at Lloyd's which grants MWAII the authority to bind Lloyd's as security on policies it issues that meet the criteria of the underwriting agreements with Lloyds. This tribunalization is a great honor for MorganWhite Administrators International and should give the clients of the Worldwide Medical Trust confidence that their medical plan is being administered in a professional and proper manner. Another feature of this tribunalization requires that MWAII must be reviewed every 12 months to continue to keep its status with Lloyd's.

Who has reviewed the Plan of Operations of the Worldwide Medical Trust?

The Plan of Operations of the Worldwide Medical Trust has been submitted to and reviewed by the Insurance Department of the State of Mississippi, Legal Counsel of the Worldwide Medical Trust, and Legal Counsel of Lloyd's.

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Summary of Plan

Our Health Plan offers:

• Coverage with an organization with over three centuries of experience and tradition

• A Trust whose money is secured with a bank of 110 years with over $6.4 billion in assets

• Access to the best hospitals and doctors in the world

• All minor children up to age 11 are free of charge

• No exclusions for sports, occupational or political activities

• Available coverage for persons with medical pre-existing conditions, with additional surcharges and/or temporary or permanent exclusions.

• Automatic coverage for newborns

• Direct Payment and Payment Guarantee with prior pre-certification

• Inception up to age 74 and no lifetime maximum age

• Coverage for pilots and passengers in commercial and private flights

• The following services to the traveler provided at no additional cost:

  • Emergency contact, 24 hours a day

  • Repatriation of mortal remains

  • Emergency evacuation

  • Supervised repatriation of minors

  • Assistance with misplaced medications

  • Information about embassies and consulates

  • Medical referrals in any part of the world

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Eligibility

Any person up to age 74, may apply to be covered under this program, and once the policy is issue, it may be renewed during the insured(s) lifetime.

Babies born under a covered pregnancy will be included in the parent's policy from birth. They will have automatic coverage regardless of their health for a period of 30 days. In order to make the coverage permanent, parents must notify the company in writing, within the 30-day period following the date of birth.

Natural Children, adopted, step-children as well as minors who are legal dependents of the insured(s), may obtain coverage under the applicant's policy until they reach the age of 18 (23 if they are full time students and not married). Once they reach the corresponding ages of 18 or 23, they may continue the insurance on a separate policy under the same terms as their previous coverage.

This policy does not exclude applicants for reasons of their involvement in professional, political, or sporting activities, whether engaged at inception or after the coverage has been in force.

Worldwide Medical Trust offers the security of continuity that the international clientele demands.

True Worldwide Coverage

You will enjoy, from policy inception, international coverage in your country of residence, or in any country of your preference, for any necessary medical or surgical procedures. When carrying your Worldwide Medical Trust Identification Card you will feel secure knowing you have the best protection afforded on the planet

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