International Income Protection
- James Fairweather
- Mar 17, 2023
- 1 min read
Updated: Apr 2, 2023
Protect your income while you're living & working abroad.
While living and working abroad, it's important to protect your income in case you become unable to work due to illness or injury.
International Income Protection insurance is specifically designed for expats who want to ensure that they can maintain their lifestyle in case they are unable to work. It comes with personalized assistance from a team of real people.
International Income Protection insurance provides a monthly income in case an injury or illness prevents you from working in your regular profession while you're living and working abroad. It supports you and your family financially by paying a portion of your lost earnings while you recover.
With international income protection insurance, you can choose the amount of coverage you need, up to 80% of your salary (with a limit of US$144,000), and select a deferment period of either three or six months. You can apply for coverage until age 60, and renew your coverage each year until you turn 65.
Our international income protection insurance is straightforward, transparent, and reasonably priced. We ensure that it's easy to apply for, and if you need to make a claim, you'll have a dedicated account manager to assist you. You'll receive your income benefit until you are able to return to work, reach age 65, or pass away, whichever comes first.
When you make a claim, your replacement income will increase by 2% compound each year to keep pace with inflation. The amount you pay for coverage depends on your age, the coverage amount you need, and your health in some cases.
Please contact us for a personalized quote.