Swiss Life product targets "global nomads" ifaonline.co.uk
Swiss Life has launched a new global group employee benefits product covering the health and protection sectors for expatriates.
The Expat Select plan consists of five modules covering retirement, death, disability, health and assistance benefits.
Clients may select any number of the five features, all of which are available at varying degrees of cover, while employers will only need to complete one application per scheme, with a further one from each employee, regardless of how many segments are chosen.
Free cover limits are available and although they are not at a set level the provider emphasised it would take a flexible approach to such requests.
Speaking at the launch, Dale Fleet, business and product development manager at Swiss Life, said he believed there was a significant market available for the product to address.
"Expats have different needs from local employees," he said.
"There's something like 20 million international workers, and there may often be benefit provision for their families as well, so we can increase that number.
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