International
Financial Protection
Life & Accident | Life & Accident |
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The UK insurance industry is an important contributor to the economy, a major employer and significant source of overseas earnings. It is the largest in Europe and the third largest in the world, accounting for 8.6% of total worldwide premium income. In 2005, total net premiums collected by the industry amounted to £32.2 billion, which includes £4.0 billion on Accident & Health alone. Death benefits (life and term Assurance) alone paid out £17 million in 2005 in claims compared to a staggering £57 million a day paid out by General Insurance claims for the same period. Accident & Health insurance contracts paid out a further £2.5 billion in 2005… Given the worrying statistics surrounding our health and lifestyle’s these days, more and more people are looking to insurance to provide reassurance and peace of mind. None more so than those leaving their country of origin to set up new lives overseas, whether within Europe or further a field. The cost and trauma associated with serious illness or losing a family member can be far reaching, especially when negotiating a foreign healthcare system, for this reason, we actively encourage people to consider the advantage of both Health and Life cover when going overseas. For this reason, we have selected specialist providers with products designed to meet these needs, simply ask your adviser for further information or click the link below to get a free quotation. |














