Global Healthcare for International Schools
Group Health Schemes for International Schools, and plans for individuals
As a leading provider in protection solutions specifically designed for the expatriate group (with add on options for local employees), our expertise enables us to advise our worldwide clientele on a range of award-winning international health plans which are specifically designed for groups such as schools and educational establishments.
Through our wealth of experience and partnerships with some of the most reputable providers in the international market, we feel confident that we can offer your group a truly first class solution.
In being able to offer tailor-made plans, some of the key benefits on offer may include the following:
- Coverage for pre-existing conditions (Medical History disregarded)
- 'Dental' and 'maternity' add on options
- Online claims and direct billing
- Options for deductibles, if required
- Tailor made plans
Whether you are seeking coverage for your group, or are simply interested in a comparison over your existing arrangements, our membership under the UK Institute of Chartered Insurers (and in accordance with their code of ethics and conduct http://www.thepfs.org/code) ensures that we can promise to truly give you the very best advice for your particular needs.
Why not put us to the test and see what we can offer you compared to your existing arrangements?
The cornerstone any financial planning strategy will be to ensure the financial security for your family in the event of unforeseen circumstances.
Illness, job loss or the death of a wage earner can plunge families into financial hardship. Taking a little time to assess your risks and calculate how much money would be needed to cover debts and provide your family with an income for the future could be the most sensible thing you do today.
Life assurance is a policy that will pay out either a lump sum or a series of payments upon death. These payments are usually tax-exempt.
The proceeds from a life assurance policy can be used:
- to pay off a debt such as a mortgage
- to provide an income for your dependents
- to maintain the payment of school fees
Life assurance can be in the form of either a fixed term or a whole life policy. These can be combined with other forms of protection, such as critical illness insurance, which would entitle you to receive a lump sum if a critical illness or terminal illness is diagnosed. Life assurance premiums can be paid for on a monthly, quarterly or annual basis.
The benefit payable under critical illness cover is a lump sum payable on the diagnosis of one of several specified diseases listed in the policy. A wide variety of life-threatening and permanently disabling diseases may be covered. Different providers offer cover against different diseases and conditions. There may be a requirement that you survive for a period of 28 days following the date of diagnosis for the policy to pay out, as the proceeds are intended to cover living expenses.
The proceeds from a critical illness policy could be used to:
- Pay off a debt (such as a mortgage)
- To provide an income if you are unable to continue working
Critical illness cover can be provided as a stand-alone policy or as an option on whole life or term assurance policies. If you decide to purchase one of these combinations you should bear in mind that you will only be able to claim if you contract an illness, as defined in the terms of the policy, and you may lose the life cover element unless you have purchased additional life cover. Married couples should always consider separate policies so that in the event of a claim, the spouse is still covered.
Permanent Health Insurance
Permanent health insurance replaces income lost through long-term disability caused by sickness or accident. It is designed for those who do not require immediate income replacement. Income benefits do not start until the insured person has been absent from work for a defined period of time. The client determines this so-called deferred period when the policy is taken out. It usually ranges between four and fifty-two weeks and is determined by the length of time the insured's employer continues to pay full or half salary to employees who are too ill or injured to work. Income benefits continue until the insured person recovers and returns to work. Otherwise, benefits continue until the expiry date of the contract, death or retirement, whichever happens first.
Private Medical Insurance
Expatriates more than anyone else need to examine the value of private medical insurance. Being in a foreign country where the cost and availability of medical cover is bound to vary, expatriates need the peace of mind that private medical insurance can provide.
With access many major insurance providers, our advisors can recommend the most suitable plan for your needs and situation. Different insurance schemes are designed for individuals, seniors, families or groups. Standard schemes can be customised, to fulfil your individual requirements, such as dental care, maternity, emergency care, critical care, etc. Annual cover is variable, ranging from £50,000 to £5,000,000.
Generally, as with most services, you get what you pay for. Brand name alone does not indicate good quality and service. Clients need to understand the exact cover and limitations of their contract. Exclusions should always be read carefully. This is where the guidance and advice of a trained and well-informed adviser is essential.