Global income protection cover
International income protection from William Russell
As one of the few insurance providers offering international long-term disability insurance, William Russell has created Global Income so you can work anywhere in the world* without the worry of losing salary if you suffer an illness or injury that results in you having to take long term sick leave. As we all know, sustained time off work can lead to further complications not just to health, but to lifestyle. Here at William Russell, we understand that taking a long time of work is sometimes necessary and that you would need as much support as you can during such a period.
The Global Income plan allows you to insure your salary so that you will have a replacement income to help you maintain your standard of living.
Why is this different from local cover?
Unlike local income protection plans, Global Income covers every move you make whether you are moving internationally from contract to contract, travelling for business or simply returning to visit relatives if you are an expatriate.
Why do I need this type of insurance?
Statistics have shown that you are 26-times more likely to be incapacitated and off work for more than 6 months, than to die before the age of 65.
The last thing you’ll want to deal with when trying to cope with a serious illness or injury is the thought of how to look after your family during a long period off work. Pressure about work is something we all deal with, but during a time of injury or illness this pressure can just be an added discomfort and may even hinder your recovery.
Insurance always seems like an expense that (you hope) will never need to be used. It’s one of the many intangibles that float around when preparing to move abroad. Some people don’t bother with it and are quite lucky that it never becomes an issue. But are you prepared to take that chance during your trip?
Key features of Global Income Protection
- World-wide area of cover*
- Insure up to 80% of your gross annual earnings up to a maximum of $144,000 or AED 528,000
- 2% compound interest added to benefit payments for every 12 months that you claim
- Waiver of premium whilst you claim, with cover reinstated on return to work
- Benefit paid for up to 24 months whilst you are unable to return to your own occupation
- Rehabilitation benefit paid if you are able to resume part-time work during the first 24 months of claiming benefit
- Benefit continues after 24 months if you are totally unable to return to any occupation for which you are fitted by way of training, education or experience
- Benefit payments automatically cease upon death or on reaching age 65
- Choice of deferment period with benefit starting after 3 or 6 months
- Available to employed and self-employed individuals
*Excluding active war zones
Want to know more?
Download our Global Plans brochure now >
Call your broker or call the Global Plans Team on + 971 4 2697706 for more information, or visit www.william-russell.com
