Unusual Risks were recently approached by couple Jamie (Aged 28) who is a Director of a major airline and his partner Eleanor (Aged 26) who works as a personal assistant/secretary.
Jamie is currently working between the UK and Spain for his company and is concerned about the potential financial effects of a critical or serious illness could have on their finances. His company provide a good employee benefits, which include some Life Assurance, but sadly no Critical Illness Cover.
Eleanor works mainly in the UK and also has employee benefits with her company, such as a pension and life cover. Before approaching us David had looked at alternatives for them both and had only managed to find “Annual Renewable” options. This had prompted him to look for something more comprehensive from a UK Insurance provider.
We were asked to find them Life Insurance and Critical Illness Cover that would take into account that they were UK Citizen’s at times working abroad. Unusual Risks are experienced at finding Life Insurance and Critical Illness plans for business people who are going to be spending time outside of the United Kingdom with their occupation.
In this case we arranged Level Term Assurance with Critical Illness Cover on a joint basis for £250,000 sum assured. We introduced them both to a large UK Insurance Company, who were friendly towards his current residential status and career plans.
Visit www.expatriatelifeassurance.co.uk for our free British Expatriate Life Assurance Factsheet
If you require more information on Life Insurance, Life Assurance, or Critical Illness Cover for British Expatriates living abroad you can contact Unusual Risks Mortgage & Insurance Services on UK 0845 474 3075 or International +44 1404 45397, email at Enquiries@unusualrisks.co.uk or web at http://www.expatriatelifeassurance.co.uk
PLEASE NOTE* All applicants should be able to offer some form of interest in the United Kingdom such as a UK Property Address. All policies are arranged through leading UK Insurance Companies who collect the premiums from a UK Bank Account.