Term Life Insurance
For people who are working and relocating to countries outside the US, Term Life Insurance that provides coverage overseas is a wonderful option. Many US insurance companies do not provide term insurance coverage if one lives away from the US or intends to leave. In such a situation, Term Life Insurance that can provide coverage in several countries is a must. The term life insurance policy can provide cash or income needed to pay debts and taxes, if there is an untimely death.
IC+ Term Life Insurance policy
MNU’s IC+ Term Life Insurance policy is one such plan that provides term life coverage even outside the US. IC+ Term Life Insurance plan can provide coverage for up to 10 years. The maximum coverage amount is up to $2 million. Round the clock travel assistance is also available for help with medical referrals, embassy referrals, emergency travel arrangements and much more.
Term Life Insurance - How and When to apply
One can get a Term Life Insurance quote online. If the total amount of life insurance applied for is more than $350,000, a financial questionnaire is also required. Once the application is received, the financial questionnaire will be sent. A licenced physician will also have to complete and send a medical questionnaire within 30 days of the application. While applying for the plan, the applicant must reside outside the US or intend to leave the US before the coverage begins.
Term Insurance Benefits
Term Life Insurance provides peace of mind and security. You and your family will be protected and have life insurance coverage even when you live abroad!
Blog RSS Feed
Assigned Abroad? Don’t Forget International Term Life Insurance
So your employer has given you the plum assignment of working overseas - now what? Whether your stay is for six months or several years, there are certain things you will need to do to get ready for your time abroad. One of the most important things from a financial perspective is to purchase an international term life insurance policy.
While many employers provide their employees with…Why Your Financial Plans Should Include Term Life Insurance
For many people, the term “financial planning” brings one thing to mind: trying to get rich. This conjures images of stock purchases and other volatile investments. But the truth is that sound financial planning is as much about building a stable fiscal base as it is amassing a large sum of money. Term life insurance makes for an excellent cornerstone to any stable financial plan.
This type of…
