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International life insurance for expatriates of all nationalities
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The Global Life plan allows you to select the cash lump sum your family would need to protect their financial future without you.
You may apply for up to 20 times your current salary, subject to the following maximum amounts:- £600,000 or $1,000,000 or €1,000,000.
You must be below age 65 when you apply for cover. If you die whilst your plan is in force your Global Life benefit will be paid as a lump sum to your beneficiaries. The Global Life plan has no investment return.
Download a copy of the Global Life plan brochure
Protection until you retire
You may renew your Global Life plan until you reach age 65. Premiums are age-related and will increase as you get older.
Protection for accidents
The Global Life plan covers death by illness and accident. You can increase the amount of cover you have in respect of an accident by applying for the optional accident protection benefit. The accident benefit provides dual protection:-
An additional accidental death benefit
If you die as the result of an accident, an additional cash lump sum will be paid to your beneficiaries with your Global Life plan benefit.
The amount of additional accident benefit must not exceed the amount of your Global Life plan benefit.
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A cash sum if you survive an accident
You will receive your full accident benefit if you suffer a permanent disability such as the loss of both legs, both feet, one arm and one leg, your sight, your speech or your hearing.
You will receive a percentage of your accident benefit if an accident leaves you with a less severe permanent disability.
The percentage applied will depend upon the severity of your disability.
The percentage of benefit paid for each type of disability is contained within the Global Protection plan agreement and can also be viewed in the accident benefit compensation schedule. |
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