What is a protection benefit in an international life insurance policy?
The protection benefit is the total amount payable under an international life insurance policy when a valid claim is made. It comprises the sum assured shown in your Policy Schedule and, where applicable, any accidental death benefit sum assured. Where no accidental death benefit applies, the protection benefit and the death benefit are the same figure.
What the protection benefit is for
The protection benefit is the financial payment your family receives if you die during the policy term. It can be used in any way your beneficiaries choose, including:
- Replacing lost income for a surviving partner or family
- Paying off a mortgage or other financial obligations
- Covering children’s education costs
- Meeting everyday living expenses during a period of adjustment
Protection benefit and the death benefit
The death benefit is the sum assured – the fixed amount agreed at the start of the policy and payable on death. The protection benefit is the broader total, which includes the death benefit and any additional accidental death benefit that forms part of your policy. Your Policy Schedule will show clearly what your protection benefit comprises.
Why protection abroad matters for expats
Living overseas can mean reduced access to state financial support, more complex financial arrangements across multiple countries, and family members based in different parts of the world. A clear, internationally structured protection benefit means your family receives financial support wherever they are, without navigating the complications that can arise when there is no specific beneficiary designation in place.
Expatriate Group international life insurance is designed to deliver that financial protection reliably, for as long as your policy runs.
