Why You Need Global Life and Accident Insurance

Introduction

There are many ways that life insurance and accident insurance can help you in the event of a serious injury or premature death. The primary reason for this is because these types of policies enable you to pay for the future medical expenses of yourself and your dependents if you should die before your time. In this article, we'll explore why you need global life and accident insurance and how it can save you money when you need it most.

You're protected when you travel.

You're protected when you travel.

It's not enough to just have health insurance, and life, and accident coverage. You need global coverages that cover you wherever you go. Travelers are no exception to this rule. So if you've never considered purchasing global life and accident insurance, it may be time to start.

Why global life and accident insurance?

Global policies provide the same level of protection as domestic policies while also insuring your assets and family members overseas. While most people think of it as a way to protect their money, it can also save them from a catastrophic loss of income when they're away from home on a business trip or vacation.

It's affordable.

Global Life and Accident Insurance can protect you and your family from the financial consequences of an accident or illness.

It's affordable.

Unlike traditional life insurance policies, Global Life and Accident Insurance is designed to provide better protection for your family at a lower cost.

It's flexible.

Choose from a variety of options to customize your policy to fit your needs. You may choose from cash value, fixed benefit or hybrid plans that combine cash value and fixed benefits into one policy.

Instant Coverage

You can't always count on insurance when you need it most. When you're faced with an unexpected event, you need insurance coverage immediately. You may be at a vacation destination or out in the middle of nowhere, but if you have Global Life and Accident Insurance, you'll still be covered.

Instant Coverage

When you need instant medical and accident coverage, there are many options available to help you get back on your feet quickly and safely. Some companies offer temporary health insurance that is not connected to your regular employer's plan. This type of coverage can be very helpful if you suffer from a sudden illness or injury while traveling abroad or even at home. If the situation becomes serious enough for hospitalization, this type of coverage may provide full hospitalization benefits for up to 60 days after your return from overseas.

Another option is extended medical expense coverage, which provides additional financial assistance beyond what most plans provide in case of an accident or illness. Extended medical expense coverage can cover expenses like:

Hospital bills

Doctor visits and diagnostic tests related to the accident or illness

Rehabilitation therapy and other necessary services

You can customize the plan and effective date to your needs.

You can customize the plan and effective date to your needs. You can choose from a variety of coverage options, including life insurance, accidental death and dismemberment insurance, medical payments coverage, and more. And with auto and home insurance as part of the package, you'll have peace of mind knowing your family is protected if you become seriously ill or injured.

There are two basic types of global life insurance:

Universal life insurance, which is the most common type of global life insurance, offers a payout if you die while insured or cash value if you do not die during an insured period.

Whole life insurance, also known as permanent whole life, is designed to provide a stream of income for your beneficiaries until they reach age 59 1/2. It typically pays out in a lump sum when the policyholder dies either because of an accident or illness.