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Businessman

Insurance options for companies with only one expat employee

Our firm has worked with many companies and organizations with hundreds and even thousands of employees that have only one or two expatriate employees posted abroad. These firms are not able to adequately cover their expat employee and his or her dependents under their domestic plan and should not try for a variety of reasons. The human resource manager is often faced with a dilemma of where to find adequate insurance for the lone expat employee and may have limited experience or understanding of expat insurance, not to mention no expat insurance contacts. So what is a company or non-profit with only one or two expat employees to do? Let’s learn more.

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Risk profile

Expat Employers – Obtain a free country risk profile report

TFG Global and its division Expat Financial is now offering a complimentary country risk 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.

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Is your company meeting it’s “Duty of Care” obligations to its expat employees?

An Expat Employer’s Fiduciary Duty of Care for Expats

Sending employees abroad is a significant financial, moral and legal responsibility for expatriate employers. Many professionals are constantly talking about 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. It is the fiduciary responsibility that experienced global mobility managers realize is important regardless of the legal implications. It is a basic moral responsibility. This is especially true today in a world where conflict and terrorism can strike almost anywhere. It makes sense to plan for what your employees may face abroad.

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6 Tips on How to Become an Expat

Important Tips on How to Become an Expat. An expatriate, or expat, is a person who lives outside of their native country. Today, more and more people are willing to leave their home country and experience a brand new job or lifestyle abroad. To better prepare you for your life overseas, we will discuss six […]

Medical Plan

Is your company employing American expats?

Is Your Company Aware of the Risks for American Expats?

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?

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Future Expat Employee Trends for Expatriate Employers

Cigna has recently released a detailed study on expat employee trends for global employers with the National Foreign Trade CouncilCigna 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.

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Medical Condition

Expat Benefit Plans – Make sure pre-existing conditions are covered!

Sending expatriate employees overseas is a massive undertaking for any company or organization, and this task usually falls to the global mobility or human resources manager. An expatriate assignment is an enormous investment, and the costs of a failed expat move can be quite significant. One of the most important considerations for HR managers is setting up an international benefit plan that will cover life, AD&D, disability, dental, evacuation and especially international health insurance. However, one of the most important questions to ask of any benefit plan is will it cover pre-existing medical conditions.

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