Normal life insurance policies don’t take into account the unique circumstances that arise when you live overseas. International life insurance safeguards you and your family’s future in case of an unexpected life event, no matter where you are in the world. We know that life doesn’t always go according to plan, which is why proper preparation and extensive insurance coverage are vital.
If you have a family or people that rely on you financially, international life insurance can provide financial security should the worst happen to you anywhere in the world. The payout from an international life insurance policy can help to pay off a mortgage or cover the costs of university for your children. Whatever the reason, international life insurance provides you with the peace of mind that your family is taken care of, no matter what and no matter where.
Insurance is a highly personal experience.
Individual and family wellbeing are important aspects of our lives which require sensitivity and expertise. Our specialists can help you find policies which suit the needs of you and your family.
If you are diagnosed with a terminal illness, early terminal illness coverage offers you the choice to receive your payout before you pass away. This gives you the freedom to arrange your affairs and spend time and special moments with your loved ones.
When you purchase international life insurance, you are securing peace of mind. When you work with Melbourne Capital Group, you can rest assured that we will arrange a well-structured insurance policy that ensures your claim will be handled with ease and issued in a strong currency such as U.S. Dollars, Euro or Pound Sterling.
Normal life insurance does not provide global coverage, which can be an issue for those who spend a lot of time overseas. That’s why we specialise in international life insurance. Ensure that your insurance policy is claimable, no matter where you choose to live or work in the world.
International life insurance is the ultimate protection for your family, offering financial stability even when you’re no longer around to provide. Correct and broad insurance coverage secures your family’s financial future, no matter what.
When you begin researching international life insurance and life insurance planning, you will see that there are two main types of cover.
Long-term comprehensive cover that offers complete coverage throughout your life and anywhere in the world, where in the event of the insured passing away, the sum insured goes to their chosen beneficiary.
Health insurance is cover that caters to your medical, surgical, or hospital needs when required. It is designed to meet some or all of any costs associated with private medical treatment. It does not come with a survival or death benefit.
More informationAge: 40
Profession:
Regional Manager for an international oil and gas company.
Goal:
Ensure financial security and well-being of his family.
Background:
Ben originally moved from the U.K. to Malaysia in 2019 with his wife and two children, aged 4 and 8.He is the primary breadwinner of his family and the nature of his job requires him to move around the world quite frequently. One of Ben's main worries is the impact that his potential untimely death would have on his family’s way of life. He wants to make sure that they are financially secure and able to maintain their standard of living even if he is no longer able to provide for them.
Frequently Asked Questions:
When you take out international life insurance, you decide how much cover you’d like to take out and who your beneficiaries will be. This is the person or people that you want your money to go to if you pass away. Once you have taken out your cover, you pay your insurance premiums monthly or annually. When you pass away, your nominated beneficiaries will receive a cash lump sum.
Whether you are an expatriate or a digital nomad, international life insurance is for anyone who spends a lot of time out of their native country. This could be due to work, personal circumstances or simply due to where in the world you choose to live.
We work with numerous providers to fit different clients criteria.
No, you do not need a UK address for international life insurance.
International life insurance is a financial service and can only legally be accessed through authorised financial services companies such as Melbourne Capital Group.
An immediate cash payment is made to your beneficiaries without complex probate or estate procedures.
The cost of international life insurance will differ between individuals. It depends on a few different factors, such as your age, how much cover you require, and your medical history.
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