ELIGIBILITY
If you qualify for Global Medical Insurancesm and are age 19 to 69, you are
automatically eligible for Global Term Life Insurance. By enrolling in Global Term Life
Insurance, you also become eligible for the optional Global Daily Indemnity Plan at the
time of application.WHY
LIFE INSURANCE?
International citizens face the constant challenge of finding cost effective, quality
insurance programs that combine worldwide coverage with ease of availability. While Global
Medical Insurancesm is designed to protect individuals from the high cost of
medical expenses, Global Term Life Insurance provides protection for your family following
a traumatic loss. To ensure the financial security of those who depend on you, Global Term
Life Insurance supplies an affordable solution.
THE BENEFIT OF GLOBAL DAILY
INDEMNITY
Insuring your life and health reduces the burden of unforseen financial liabilities due to
an illness or accident. Unfortunately, obligations and bills continue even during a
hospitalization. The Global Daily Indemnity Plan is an excellent way to offset these
expenses. Global Daily Indemnity will pay directly to you US$75 for each required
overnight stay in the hospital. The hospital expenses must be qualified for your Global
Medical Insurancesm and hospital stays during a pregnancy are not covered. To
receive your suplemental cash payments, be sure to enroll in the Global Daily Indemnity
Plan.
UNDERWRITING
Global Term Life Insurance is available with no additional underwriting. Simply complete
and return the health and life applications with the appropriate premium.
SECURITY
Global Term Life Insurance and Global Daily Indemnity are underwritten by Lloyd’s of
London. For over 300 years, Lloyd’s has provided security and innovative coverage
with an impeccable claim record.
PREMIUM
Global Term Life Insurance is available for a standard annual premium of $240. Global
Daily Indemnity is available with your Global Term Life Insurance for an additional
premium of $100 per year.
SCHEDULE OF BENEFITS
Term Life Insurance
|
| Age |
Principle Sum |
| 19-29 |
$ 75,000 |
| 30-39 |
50,000 |
| 40-44 |
35,000 |
| 45-49 |
25,000 |
| 50-54 |
20,000 |
| 55-59 |
15,000 |
| 60-64 |
10,000 |
| 65-69 |
7,500 |
Accidental Death and Dismemberment
|
| Loss of Life: |
Principle Sum |
| Loss of Two Members*: |
Principle Sum |
| Loss of One Member: |
50% of Principle Sum |
| *"Member" means hand, foot or eye. |
| * Global Daily Indemnity (Available with Global
Term Life Insurance only) $75 per day |
GLOBAL TERM LIFE INSURANCE
& GLOBAL DAILY INDEMNITY
UNDERWRITTEN BY: CERTAIN UNDERWRITERS AT LLOYD’S OF LONDON.
DISTRIBUTED AND ADMINISTERED BY: INTERNATIONAL MEDICAL GROUP, INC.
