International medical insurance provider Expacare Insurance Services has launched a low cost medical plan aimed at families.

Called Valuecare, the new policy is designed to meet the needs of expatriate families, said Expacare.

The policy offers discounts on children's cover, with discounts on premiums for families with more than one child. The cover is available in a choice of three geographical areas, with flexible excess options, the company said.

Expacare client services director Julie Macey, said the new product was designed as the low cost version of its existing expatriate packages.

Expacare is a division on JLT Healthcare.

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