• 02
  Feb
  2010

• Term Life Insurance Sans Boundaries

  
  Filed Under: Blogging
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If you live abroad, and are able to purchase international term life insurance from home, consider yourself lucky! Up until a few years ago, you would not have been able to purchase life insurance in a country that you did not live in. You had to at least travel to the country often enough so that you could satisfy underwriting requirements.

Why not just purchase local term life insurance? In the United States and Canada, term life insurance rates have fallen dramatically in price. So a U.S. citizen wishing to purchase term life insurance for their stints abroad can now do so at a lower price than most local insurance plans.

One other factor to consider is the stability of the insurance company. While the U.S. has stringent requirements for insurance companies, many foreign countries do not. As a result, the safety that comes with the knowledge that your dependents will be taken care of after you are gone, is missing in a foreign term life insurance plan.

International term life insurance policies offer the stability and price that make them a great deal. These policies are usually available for periods up to 10 years, and the maximum benefit limit varies by plan.

• 01
  Feb
  2010

• Two Birds, One Stone: Term Life Plan with Travel Service Benefits!

  
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Term life insurance is not just an optional insurance plan used to buttress coverage during certain periods in life. When you live and work abroad, U.S. insurance companies may automatically reject your life insurance application. Thankfully, there are special international term life insurance plans to help you be insured through just those periods in life when you are an expatriate.

One such plan, the MultiNational Underwriters (MNU) IC+ Term Life Insurance plan is especially tailored toward those expatriates who require term life insurance covering their stay abroad. The plan not just offers life insurance coverage, but as an extra benefit for international living, offers many travel benefits.

The “Pre-trip health and safety advisory” service provides up-to-date information on passport, visa, vaccination, and other requirements. Through IC+ Term Life Insurance, you can also avail baggage tracking services for your travel around the world.

Some emergency travel-related services are also offered by the plan. Among them is “Emergency message relay,” which helps you send messages to your friends, family, and colleagues, helping maintain vital contact during an emergency on your side or theirs. With the IC+ insurance plan, you can get the additional benefits offered by a travel insurance plan, with the coverage of term life insurance!