Regency for Expats has launched a new life insurance product “specifically developed to protect globally mobile individuals and employees throughout the world”. The insurance is being underwritten by Regency Assurance (Regency for Expats’ parent company) and is available from 1 May.
According to Regency, “The policy is particularly notable for the inclusion of some extremely desirable benefits which are not currently available under other insurers’ policies without restriction. Regency is considered to be at the forefront of international insurance provision specialising in policies designed specifically for expats throughout the world…
Unlike the majority of life insurance policies which include restrictions, Regency’s life insurance policy will guarantee the insured complete geographical transferability, which means that the policy will follow the insured from country to country.” Additional benefits available to the beneficiary in the event of the death of the insured person include upfront payments, 24-hour international assistance, mortal remains repatriation, child chaperone services and bereavement counselling.
Said Regency for Expats business development manager Kayla Hall, “As a leading global insurance provider, our aim is to offer our customers products that are especially beneficial for the expatriate community, where global mobility is a key element in their need for cross-border financial solutions.”
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