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:

Insuring U.S. expatriates under the U.S. plan is a more complicated matter than what most people think. However, never under any circumstance attempt to insure a local national like the Chinese National below, under a U.S. based life insurance plan that is non-admitted and unlicensed in the host country!

A NOTE ON LOCAL NATIONALS AND LOCAL NATIONAL LIFE INSURANCE? They may demand expatriate life insurance benefits even though he is a local national, and there may be pressure to enroll him because he is the boss of the expatriates in country. Don't risk potential criminal sanctions by doing it.

End Expatriate Life Insurance / Expat Life Insurance Page

Expatriate Group Life Insurance and General Issues Regarding Expatriate Life Insurance.

When expatriate group insurance plans are first discussed, 80% of the focus is on the expatriate group medical plan, and life and disability insurance receives little attention if the group is composed entirely of U.S. expatriates because it is believed that the U.S. life insurance and disability carrier can cover U.S. expatriates on permanent assignment. This may not be true at all and never "assume."

U.S. Expatriate Life Insurance

For many years, U.S. expatriate groups have been "left in the U.S. group life insurance plan" with the belief there are no problems whatsoever with U.S. based life and LTD insurers extending coverage to U.S. expatriates.

The facts are, there are many reasons why U.S. based life and LTD carriers cannot provide insurance benefits to those that are on expat assignments.

What are the problems?

First, the U.S. life insurance or disability insurance carrier is not filed to provide expatriate life insurance. This means, their insurance policy that they have filed with the department of insurance in the various states almost never has a territory of "global" or outside of North America.

A carrier cannot file insurance products with the Department of insurance in Delaware and then start covering employees and individuals thousands of miles away in Japan!

Does the U.S. carrier even know they are providing expatriate life insurance?

We speak to benefit managers all the time that tell us that everything is fine, and the U.S. life carrier is providing the expatriate benefits. However, upon investigation we find that the carrier may not even be aware they are covering expatriates for life insurance. Perhaps the employer has 4,000 employees can includes 12 expatriates in a self reported eligibility run where the use the home office address for any expatriate? Who at the carrier would possibly catch this.

Even when the carrier is aware, in many cases little or nothing is done. The account manager does not report it. If the underwriter is aware, they are unsure what to do because they have no policy or directives on U.S. expatriates. Even if they do, do they want to risk upsetting a large client by kicking off 12 people!

HOWEVER, if three expatriates die overseas in a helicopter accident and the carrier is looking at a $1,200,000 claim, things may get more complicated and the claim could be denied. Most employers have no written acknowledgement that the carrier has agreed to provide expatriate life insurance.