International Medical short term plans for traveling outside home country needing international coverage


 

 


IC+ TERM LIFE INSURANCE FOR THE INTERNATIONAL MARKET

International Term Life

Ten year term life insurance available to individuals outside of the US. Need long term international term life coverage? IC+ will cover you up to ten years while residing abroad. This life insurance plan is ideal for individuals relocating abroad who require family, corporate or bank protections. Life Basic, Terminal Illness and Double Indemnity options are available to fit your needs.

Note: These guidelines apply to "clean" Applications only. If there are disclosures, individual consideration will be given, and a Medical Questionnaire may be required. This product is available only to individuals residing outside the US at time of Application. Premium surcharges will be made for individuals residing in "hot" areas of the world.

Products Description:

  • Basic Plan (Basic): Policy Limit Paid at Death
  • Terminal Illness (TI): ½ of Policy Limit Paid when Diagnosed with Terminal Illness and 12 Months or Less to Live
  • Double Indemnity (AD): 2x Policy Limit Paid when Death is Result of Covered Accidental Injury

Features of All Plans:

  • Term Life Insurance – Up to 10 Year Term
  • No Cash Value
  • No Surrender Value
  • No Conversion Option

Age Amount

Under 35
$225,000
36 to 45
$187,500
46 to 50
$150,000
51 to 55
$112,500
56 to 60
$ 75,000
61 to 65
$ 37,500
66+ 
Any amount

Underwriting Requirements:

  1. Complete an IC+ International Term Life Insurance Application, may be completed on-line

  2. If the total amount of Life Insurance applied for (all companies) is greater than $350,000, a Financial Questionnaire is Required. There are two Financial Questionnaires; one is required when the purpose of purchasing the insurance is Personal Protection, Inheritance Tax or in connection with a Private Residential Loan; the other is required when the purpose of purchasing the insurance is Keyman, or in connection with a Commercial Loan. Financial Questionnaires will be provided upon receipt of your application.

  3. A Medical Questionnaire, completed within 30 days of Application, by a licensed Physician, is required at the following amounts of insurance: ( A Medical Questionnaire will be provided upon receipt of your application)