Ten year term life insurance available to individuals outside of the US
Need long term coverage? IC+ will cover you for ten years while traveling abroad. This life insurance product is ideal for individuals relocating abroad who require family, corporate or bank protections.
Products Description:
Basic Plan (Basic): Policy Limit Paid at Death
Terminal Illness (TI): ½ of Policy Limit Paid when Diagnosed with Terminal Illness and 12 Months or Less to Live
Double Indemnity (AD): 2x Policy Limit Paid when Death is Result of Covered Accidental Injury
Features of All Plans:
- Term Life Insurance - Up to 10 Year Term
- No Cash Value
- No Surrender Value
- No Conversion Option
Underwriting Requirements:
- Complete an IC+ International Term Life Insurance Application, may be completed on-line
- If the total amount of Life Insurance applied for (all companies) is greater
than $350,000, a Financial Questionnaire is Required. There are two Financial
Questionnaires; one is required when the purpose of purchasing the insurance is
Personal Protection, Inheritance Tax or in connection with a Private Residential
Loan; the other is required when the purpose of purchasing the insurance is
Keyman, or in connection with a Commercial Loan. Financial Questionnaires will
be provided upon receipt of your application.
- A Medical Questionnaire, completed within 30 days of Application, by a
licensed Physician, is required at the following amounts of insurance: ( A
Medical Questionnaire will be provided upon receipt of your application)
Age Amount
Under 35 $225,000
36 to 45 $187,500
46 to 50 $150,000
51 to 55 $112,500
56 to 60 $ 75,000
61 to 65 $ 37,500
66+ Any amount
Note: These guidelines apply to "clean" Applications only. If
there are disclosures, individual consideration will be given, and a Medical
Questionnaire may be required.
This product is available only to individuals residing outside the US at
time of Application. Premium surcharges will be made for individuals residing in
"hot" areas of the world.
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