International Term Life Insurance
International term life insurance benefits include:
Providers
Does anyone rely on you for their wellbeing?
Whether for personal reasons, like your family, or business reasons, your beneficiary (or plural) can use the benefit
- To create a lasting legacy based on your values
- Ongoing bills & maintain their standard of living
- For their school fees, present & future
- Cover any debts, mortgages, car loans, etc
- Final expenses & legal costs
- Cover any inheritance taxes
- To ensure business continuity
That doesn't sound too bad, does it?
I’m interested in
Key Features
Super simple, take out a policy for a predetermined term & sum insured amount. If you die or diagnosed with a terminal diagnosis within your term, your appointed beneficiary get the allocated benefit
Expats and local citizens are eligible if they’re 18-65 years old
International term life is recommended as it’s straightforward, affordable & designed for globally mobile citizens or anyone who wants to have their policy in a secure, international jurisdiction in major global currencies.
You can take out what you want, from $100K USD to $5M USD+. If you take out a large amount, you’ll need to justify why you need that much. Exact rules vary by provider.
From 1 year to age 99. Most common terms are 15, 20, 30 years.
Your premiums are fixed based on your age at entry, they do not increase with age or inflation like health insurance. They are determined by your Age, Gender, Nationality, Smoking Status, Residence Country, Sum Insured & Term Length.
You can keep the policy no matter where life takes you, including back to your home country. Another reason to use an international product vs. a local product in your current residence country….it’s only valid for that country.
Great question! That depends on you demographic & request size. Some amounts do not require a medical. If a medical is required, it’s refundable up to a certain limit should you proceed. We only offer fully medically underwritten policies, so all is clear from the onset.
There’s no fixed rule, people vary. Speak with us and one of our advisors will run you through an exercise to figure out your ideal coverage amount and that can be a starting place.
No, not by default. If you’d like an investment element, we offer a supplemental plan that runs parallel to your life plan but is independent of it. Together they function like a packaged product of AIA, Manulife, etc. the difference being you get the flexibility that those do not
You simply stop paying yor premiums & the policy cancels. As there is not investment element built into it it’s pretty easy. You don’t get any money back as the premium you pay is solely towards the life policy, not any investment.
Book a discovery chat (recommended)