EXTENDING BORDERS

Strategic Broking arranges Group Life Policies covering Eastern Europe

As business goes global, for many organisations it is crucial that health & insurance benefits encompass all employees. But many standard policies haven't yet caught up with the broadening business horizons and this is where Strategic Broking can provide assistance.

A telecommunications client had a group life policy in place for its European employees, but found that it didn't include those working in Eastern Europe.

Strategic Broking identified a Lloyd's underwriter prepared to include all employees under one policy for a more competitive premium than the cost of two. The policy has no exclusions and the assured only has to provide an annual schedule of employees with no further underwriting required.

  Strategic Facts

• Strategic Broking has a Lloyd's facility to tackle a wide variety of non-standard requirements for clients.
• Lloyd's is currently licensed to write life insurance business in over 50 territories.
• Policies may be written as group policies, or for specific individuals who fall outside UK group schemes.
• Cover can be written for up to a maximum of 10 years, either on an annual basis or for short periods.
• Accidental Death cover can be arranged at short notice to provide stop gap protection to individuals prior to full life cover being arranged.
• Employees working in or travelling to high risk countries can be insured.