We finally did it! Good Neighbor Insurance has been looking high and low for a strong international term life insurance that has (depending on location) extra coverage areas even in high risk countries. Our Petersen term life plan at https://www.gninsurance.com/health/supplemental/term-life/ is a very strong life insurance plan that you may have coverage from six months up to 10 years. You may also keep it even if and when you come back home to your country of citizenship.
The Petersen term life insurance plan, https://www.gninsurance.com/petersen-international-term-life-insurance-residing-outside-u-s/, is backed by Lloyd’s of London and is available to U.S. expatriates living outside of the U.S.
Death of all causes is also covered. Here is some great information on this benefit:
- Regarding the “death of all causes” International Term Life policy, there are no exclusions for war or terrorism or nuclear, chemical or biological warfare, or even suicide if you are not residing in a high risk country such as (at this time) Iraq.
- Example of a death due to a war or terrorism situation: Client purchased the Term life policy and is residing / living in UAE. If the insured travels to Baghdad, and is killed in Iraq due to a war or terrorism (since the coverage is worldwide) situation, the policyholder would be covered.
- However, if the policyholder is residing / living in Iraq, then the policy would not be issued a “death of all causes” term life policy. For someone living in Iraq and most other war torn countries, we would offer “death of natural causes only” coverage. However, UAE is not one of those countries so “death of all causes” would be in their international term life policy.
You may also be a non U.S. citizen and request this term life policy. However, you will need a U.S. address to do so.
Call us at our toll free number, 866-636-9100 and let our agents take care of you, our guests!