TFG Global and its division Expat Financial is now offering free country risk profile report to global HR managers who allow our firm to examine their global benefit plan and obtain quotes from the market. Such international group insurance plans can include vital health, evacuation an/or life insurance for their expatriate employee population.
Has your company looked into how it’s expat benefit plan covers your older expatriate employees? It’s a question worth asking. Expat employers are often relying upon older employees for expatriate positions that need to be filled by often senior level executives or specialized employees whose skills require an employee with extensive experience that only an older employee can provide.
Working overseas is an exciting and rewarding journey for expat employees around the world. Most expats consider obtaining global medical care as a priority; however, many expatriates forget about their dental health, which is not only important for your teeth and appearance but also critical for your overall health. Dental treatment abroad can be very expensive and is almost certainly private. Expat dental insurance is one of the top priorities in your organization’s global benefit plan. In this article, we will discuss the importance of dental coverage and how to obtain dental insurance for expat employees working and living abroad.
More and more multinational companies are opening offices around the world, including in regions such as Asia, Africa, Europe, the Caribbean and South America. While working and living abroad can be an exciting opportunity for expat employees, expat employers have a fiduciary responsibility to provide adequately protect their expat employees and achieve a successful expat assignment – this includes purchasing global medical coverage. In this article, we will discuss the top seven global insurance considerations you should consider before sending employees on overseas assignments.
Sending employees abroad is a significant financial, moral and legal responsibility for expatriate employers. Many professionals are constantly discussing the importance of providing a “duty of care” for expat employees sent to work abroad and even when sending employees for long or short-term assignments and meetings. A duty of care means that the global employer needs to take all steps required to safeguard and prepare for the safety, well-being and health of their employees.
Is your organization or multinational company employing American expats? Are you aware that most American expatriates will want to seek medical treatment in the USA if possible, especially for serious conditions? If so, are you aware of the significant costs associated with medical care in the USA? We have sourced some excellent risk prediction guidelines for expatriate claims in the USA or for American expats who more often than not wish to obtain medical care back in their home country. These medical costs can easily run into the hundreds of thousands of dollars, and more often than not the employer will have to cover.
Cigna has recently released a detailed study on expat employee trends for global employers with the National Foreign Trade Council. Cigna Global Benefits surveyed employees on how they felt about the benefits offered by expat employees – such as housing, income, taxation, education and of course insurance. This is very valuable for global mobility managers because Cigna set up anonymous feedback from the employees for candid feedback from over 100 countries. We wanted to summarize the findings from an expat insurance specialist perspective and provide our insights and opinions for our expat clients and prospective clients around the world.
These expats are a key part of any multinational’s global success. However, many of these expat employees or their dependents may suffer from unseen medical conditions, otherwise known as chronic medical conditions. These “hidden diseases,” otherwise known as chronic medical conditions, are usually not something that companies can ask their current or future employees about.
Business travel is a crucial part of the job. You will always carry tasks at hand and learn something new. But you want to avoid getting sick – there are ways to stay healthy and safe on the road. With an appropriate business travel insurance plan, your employee can be covered while travelling around most if not the entire world. In this article, we will introduce business travel insurance policies to provide your company and the employees with peace of mind.
As China has become one of the world’s fastest-growing economies, many expatriates are willing to work in China. Playing a vital role in international trade, many provinces in China are developed and industrialized, especially in the coastal regions. Major cities such as Beijing, Shanghai, Guangzhou, Hong Kong and Macau have attracted many foreign capital investments and financial institutions.
