Life Insurance

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Global Term Life Insurance

Protect Your Family: Get an International Life Policy

No one wants to consider what would happen to their family if the unthinkable were to happen. But knowing your loved ones are financially protected when you’re abroad can offer peace of mind for the entire family.

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International life insurance policies ensure that in the sad event of death while traveling or living abroad, a lump sum is paid to members of your family. Domestic life policies may not cover circumstances that happen overseas. For peace of mind for expatriates and travelers, you’ll need an international policy with a worldwide coverage.

Worldwide Coverage

We’ve partnered with Unilife to provide My Term Assurance, a portable expat life insurance coverage plan that meets your needs wherever you are in the world. Your beneficiary will receive a lump sum payment in the event of your death by any cause, including accidents.* 

The simple application process is the first of its kind; offering international life assurance, with guaranteed premiums and cover, which can be purchased online quickly and easily, without the need for a medical examination.

International Life Insurance Benefits

Customize your expat life insurance policy and receive the following benefits:

Your choice of currency: USD, Euros, or GBP

Global coverage ranging from $50,000 to $6,500,000 or currency equivalent

If you become unable to work for six months or more, your premiums are waived**

Beneficiaries can receive an additional lump sum with an add-on Accidental Death benefit

Flexible payment options including annual, semi-annual, quarterly, and monthly

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Need a Non Term Life Insurance?

If the My Term Assurance plan does not suit your needs, please complete our quote form and an adviser will contact you to assist further.

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Simple, Transparent Pricing

The Clements standard premium accounts for age, gender, smoking status, nationality, country of residence, period of cover, and the desired sum assured. Standard premiums can be improved by a person’s socio-economic score, based on education and level of income. When you receive a global term life insurance quote from Clements, the price you see is the price you pay. There are no hidden or additional fees to pay, just the worldwide policy you need.

Flexible Policy Options

Term life is life insurance coverage for an agreed-upon amount of time. Coverage starts from a 5-year term and goes all the way to a 30-year term. Other models include trusts, whole life, decreasing term, and short-term life insurance—which may only apply over a period of one year. Typically, term life is the most appropriate type of coverage and is the most affordable insurance option for expats.

Regardless of the length of your policy, you can be sure that it’s secure and ready to deliver if required. Guardrisk Life International Limited issues all Unilife policies. Guardrisk is a wholly owned subsidiary of MMI Holdings, who is listed on the Johannesburg Stock Exchange. It operates in 18 countries, including South Africa, the United Kingdom, Hong Kong, and Singapore, and employs over 17,500 staff worldwide. Both Guardrisk and MMI are rated “Aaa” by Moody’s.

Living in the US?

If you’re a US citizen or a foreign expat living in the US for six months or more, you qualify for term life insurance with AIG Direct. With affordable rates and a quick turnaround on quotes, you can start your coverage in no time.

Get a term life quote for the United States

Policy Coverage

Our extensive international term life insurance coverage gives expats the flexibility they need.

Minimum and Maximum Coverage: Minimum Sum Insured US $50,000.00 or currency equivalent. Maximum Sum Insured US $6,500,000.00 or currency equivalent

Higher sums insured can be considered. Please call us.

Waiver of Premium: Benefit waives regular premiums where the life insured is disabled and unable to work for a continuous period of at least six months. Policy premiums are waived until a return to work or until the policy anniversary preceding 60th Birthday of the life insured, whichever happens first.

Accidental Death: This Benefit provides an additional lump sum in the event of accidental death. Benefit ceases at age 70.

Premium Options & Frequency: Annual, Semi-annual, Quarterly, and Monthly. Frequency premium loads: Monthly – up to 5%.

Please note Premium frequency can only be changed at each policy anniversary. Payment Term Premiums are paid for the full term of the policy. Non-payments may result in the cancellation of the policy.

Policy Currency: US Dollars, British Pounds Sterling and Euros. The choice of policy currency automatically determines the currency in which the benefits will be stated and paid. Premiums must be paid in policy currency.

Minimum Premium Payment: US $50 or the equivalent in Pounds Sterling or Euros. (Applies to Annual & Monthly premiums)

Frequently Asked Questions

Additional Policies for All Your Needs

Consider these other insurance solutions to protect yourself, your stuff and your family:
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Worldwide Health Insurance

Interested in saving some cash? You can qualify for a multi-policy discount when you bundle your international car insurance with any of our other products. Learn more about international personal property insurance and loss of income coverage to see if they make sense for you.

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Related Policy

Worldwide Disability Coverage

Cover your wages while you recover from an accident. Find out how international disability insurance can provide a financial safety net.   

Contact Form

Still have questions? Fill out the form below and get in contact with a Clements Personal Insurance Advisor today.  

 

*Limits and restrictions apply. Subject to policy terms and conditions. Subject to certain country restrictions. Coverage is excluded in the United States and Canada and their territories and possessions.  

**Waiver continues until you return to work or until the policy anniversary preceding 60th Birthday, whichever happens first.