William Russell Launches Enhanced Life Insurance and Income
Protection Plans for Expats
LONDON (Business Wire EON) April 22, 2008 --
International health insurance specialist William
Russell has launched its 2008 life insurance and income
protection plans for expatriates with improved benefits and prices
held at 2005 levels for the third year running.
Under the new plans expats will be able to include commissions and
regular bonus payments when calculating their income for the payment of
benefits. William Russell’s GlobalIncomeProtection
plan now also includes a rehabilitation benefit to allow expatriates
to return to part-time work and continue to receive partial benefit
payments for up to six months until they are fit enough to return to
full time work.
William Russell is one of only a few insurance providers to offer
specialist life and income protection insurance plans to expatriate
customers. GlobalLife is available from $27 per month and GlobalIncomeProtection
from $27 per month. The plans can be accessed online at www.william-russell.com.
Inez Cooper, Managing Director, William Russell says:
“Choosing to live and work abroad provides
expats with tremendously rewarding career and lifestyle opportunities,
but they also need to make sure that they have the right insurance to
financially protect their income and the security of their families in
the event of illness, injury or even death.
“Most life insurance and income protection
plans are simply not designed for expat living. This is why we have
launched our GlobalLife
and GlobalIncomeProtection plans to provide expatriates with the
level of flexibility and international cover they need to protect their
standard of living. We provide cover around the world and have
international offices in the UK and Malaysia to respond to claims and
enquiries across time zones.
“We’ve added two
important new benefits for 2008 and held our prices for the third year
running. Many expats earn part of their salary as commission payments
and regular bonuses which can now be included when we assess customer’s
pre-disability salary. This means that their benefits now more fully
replace their take home pay. In the past expats would also lose their
benefits as soon as they returned to work –
which made it difficult to ease their way back into employment when they
began to feel better. We’ve now addressed this
by allowing expats to claim a six month rehab benefit if they recover
sufficiently to return to work part time within the first 24 months of
claiming benefit.”
Notes to editors
Launched in 1992 as family-run company William Russell is a specialist
provider of insurance plans for expatriates of all nationalities. Its
clients include individuals, families and companies in more than 190
countries world-wide. It offers a range of top quality health plans with
affordable premiums and the highest standards of customer care. It is
one of only a few insurance providers to offer specialist life and
income protection insurance plans to expatriate customers.
-
GlobalHealth: William Russell’s
Essential and Elite health insurance plans offer a range of health
care benefits for all budgets.
-
GlobalLife: Life insurance for individuals and families with
optional accident benefit.
-
GlobalIncome Protection: Provides a regular income to
individuals unable to work through illness or injury.
William Russell administers its plans and pays claims from offices in
the United Kingdom and Malaysia. Its plans are underwritten by
Hauteville Insurance Company Limited, a wholly owned subsidiary of AGF,
one of France’s leading insurance companies
and part of the Allianz Insurance Group, which has an AA- Standard & Poor’s
rating
Awards:
-
“Best International Private Health Group”
International Investment Awards 2007.
-
Highly commended “Best International PMI
provider” Health Insurance Awards 2007.
-
Highly commended “Best International PMI
provider” Health Insurance Awards 2006.
-
“Best Commitment To Service”
International Investment Awards 2006
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