Expatriate Group will add life and disability protection cover, an employee assistance programme (EAP) and business travel insurance to its group international private medical insurance (IPMI) plans from next year.
The additions will be included for free as standard to all existing and new policyholders from 1 January 2022, with existing customers being upgraded at renewal.
The firm said it had made the decisions after conversations with brokers and corporate clients. “Their feedback clarified the requirement for policies that better suited the needs of businesses seeking to meet the challenges of greater corporate responsibility to their staff and their work environments – both physically and mentally,” the insurer said.
The protection benefit covers accidental death and permanent total disability, is a fixed sum depending on the plan purchased and available in Euros, US dollars or pounds – ranging from 25,000 to 100,000.
The business travel insurance includes medical, evacuation, liability, baggage, travel delay, passport, money, missed departure, legal expenses and hijack cover.
And the EAP has been provided to help employees deal with personal issues that might adversely impact their health, wellbeing and work performance.
Amanda Giscos, head of business development at Expatriate Group said: “From the feedback, it was clear that HR managers want simpler and more cost-effective solutions for managing employee protection.”
Expatriate Group director Lee Gerry said the business had reinvented its corporate policies to better meet these needs in a single HR solution.
“Now, if an employee is travelling on business, they’re covered; if they need immediate access to counselling, they’re covered; if they can no longer work because of their health, they’re covered,” he said.
“These benefits are now core to our comprehensive group IPMI policies. Following strong underwriting results in 2019 and 2020, the improvement in benefits hasn’t resulted in any change in premium.”
