zTermLifeInsurance Blog
Tuesday, September 07, 2010
- 28
Jan
2010 -
Term Life Insurance Not Just for Immediate Loss of Life
Filed Under: Blogging
That overseas assignment suddenly seems near, but the shocker is that you are simply unable to secure term life insurance locally, if you’re going to be living abroad. International term life insurance is probably the most appropriate solution for your situation.
Plans such as IC+ Term Life Insurance offer term life coverage for those who live and work outside their home country. It is the perfect choice if you are looking to get life coverage for just the period that you plan to live abroad.
The IC+ Term Life Insurance plan offers many policy options that include benefits even in case you are diagnosed with a terminal illness. While the policy term can be anywhere from one to ten years, the maximum coverage offered by the plan is $2 million.
Some of the policy options include 100% paid at death, and half the policy limit paid when the plan holder is diagnosed with a terminal illness with less than 12 months to live. The terminal illness can be very important, since it gives the plan holder the time and the funds to take care of all finances before passing on.
