International Group Insurance Products with Full Description:

Who helps you today to navigate international risk management and global benefits for expatriates, TCNs, foreign nationals and global travelers?

The 3 most important reasons to team with us for international group insurance needs are outlined below:

There is no cost to have McKinley International on "retainer" and we share advice with clients every day with no consulting fees.

If you employ expatriates and other international assignees, you never know what may cross your desk and you need a partner that can navigate ANY issue that may come your way.

Your current broker or consultant may lack international experience (99% do), and there is no conflict because we do NO U.S. domestic benefits.

For an in depth review of these international group insurance topics, please review each of the 4 white papers below:

International Risk Management GoTo Home Page Link

McKinley International Risk Management provides employers with advice and support on the following types of expatriate group insurance programs:

Expatriate group medical
Expatriate group dental
Expatriate group vision
Expatriate group life Insurance
Expatriate group disability
International EAP
International medical evacuation
Cross cultural training
Local national group insurance
TCN group insurance
Inpat group insurance schemes
Offshore pension for TCNs
Multinational Pooling of local nationals
U.S. plan setup for foreign companies entering the U.S.

Expatriate Group Insurance Best Practices and When to Implement International Insurance Programs:

When establishing expatriate group insurance programs there are certain steps that need to be taken to do things properly, and common mistakes can be avoided with the proper planning.

How to effectively utilized group insurance for expatriates, steps and process:

Best practices established over the last 15 years would dictate that the first step an organization should take is to establish an expatriate group medical program at just 2 expatriates. Most carriers that provide this coverage will not require that both expatriates be of the same nationality. For example, one can be a U.S. expatriate and the other a third country national.

Expatriate group dental should be established at two expatriate lives as well.

Unfortunately, most organizations will wait until they have 5, 10, or even 15 expatriates before establishing expatriate group insurance, and expatriate group medical insurance. The majority of this group will only investigate expatriate group insurance after a problem occurs or nagging issues become more frequent. Establishing expatriate group insurance at just 2 employees can avoid potentially hundreds of hours of administrative headache, work-arounds, and even legal liability. Finally, expatriate group medical schemes are really no more expensive than what the organization is currently paying, or in the case of ASO plans, currently budgeting for health insurance.

Expatriate group life insurance and group disability insurance should follow as quickly as possible after the medical insurance, and with some carriers these plans can be offered at just two expatriate lives as well, and along side the international group medical insurance program. For expatriate best practices, here is when to offer each program:

  1. Expatriate Group Medical Insurance - 2 or 3 Expatriates

  2. Expatriate Group Dental Insurance - 2 or 3 Expatriates

  3. Expatriate Group Life Insurance - 3 to 5 Expatriates or with the medical

  4. Expatriate Group Disability - same as life but some carriers may require 10

  5. International Medical Evacuation and Repatriation - depends solely on location of expatriates. For 1 expat in Africa, it should be an essential program. It is not essential for 20 expatriates in London for example.

  6. Expatriate Personal Liability - Employers should purchase this coverage for expatriates at 10 more more expatriate lives

  7. Voluntary Vacant Homeowners Program - Make available to 5 or more expatriates

  8. The need for a formal expatriate policy and procedures manual - 5 or more

  9. International Employee Assistance Program for Expatriates - 10 or more

  10. Voluntary Life and / or LTD insurance - 50 or more

  11. International Employee Assistance Program / International EAP - 5 or more
  12. Cross cultural training - should be extended to each expatriate in all cases
  13. Global moving insurance program (special insurance arrangement on the move of personal effects because relocation companies overcharge for the insurance component by 100% - 50 or more expatriates

Reasons to establish expatriate group insurance as soon as possible, and not delay.

Some companies keep expatriates under the U.S. medical plan and the group grows in size, however they have a problem when they look to hire their first third country national (non-U.S. expat). If they would have established expatriate group insurance at just 2 or 3 expatriates this would not have been a problem as TCNs can easily be added to the existing international group insurance program.

Global employers believe U.S. plans can accommodate U.S. expatriates but this is almost never the case. U.S. medical plans quickly show limitations and gaps in coverage, and U.S. Life and Disability plans can shock employers by totally denying coverage if the claim is for an expatriate that has relocated abroad.