Simplify Life Insurance for International
Employees With Us
Expanding your business across global markets is a testament to its accomplishments, demonstrating its ability to cater to diverse nationalities and industries. However, this growth comes with challenges – one of the most notable being the well-being of employees who relocate to support international operations. Moving to a new country presents unique risks, not only for employees but also for their families. Providing life insurance for international employees is more than just an employee benefit – it’s a commitment to their financial security and peace of mind. It reassures them that their employer values both their professional contributions and personal well-being. In this article, we explore the critical advantages of offering life insurance for international workers. We discuss the essential features of comprehensive coverage, its role in ensuring financial stability, and how The Unisure Group makes protecting your workforce simple and seamless. Learn more about Unisure’s International Group Life Insurance solutions Why Life Insurance for International Employees Matters Life insurance for international employees ensures seamless protection regardless of where they live or work. When employees are stationed across different countries, having a globally applicable policy removes the uncertainty of regional restrictions. Unisure offers worldwide coverage, allowing businesses to safeguard their workforce comprehensively without concerns about policy limitations. Key Benefits of Life Insurance for International Workers Life insurance for international employees offers stability and financial security for businesses with expatriates or remote teams. Unisure’s customisable plans help companies provide dependable benefits, and businesses can ensure their teams have the necessary support wherever they go by working with a trusted global provider. Comprehensive Life Insurance for International Employees Providing life insurance for international workers goes beyond offering a standard benefit – it ensures financial security for employees and their families, no matter where they live or work. Companies with a global workforce need coverage that is both flexible and comprehensive, so employees remain protected regardless of location. Unisure’s International Group Life Insurance delivers exactly that, offering coverage with lump sum payouts that are equivalent to six times an employee’s annual salary. Key Features of Unisure’s Group Life Insurance Employers can tailor life insurance for international employees to fit the unique risk levels of various job roles. This flexibility ensures cost-effective coverage while maintaining strong protection for those in high-risk positions. “Life insurance for international employees matters because it provides your global workforce with the confidence that if the worst should happen the company can provide support beyond employment. For multinational companies, this is even more important as your global workforce might work remotely and so might only be connected via virtual means”, states Louis Hyatt, Unisure’s Commercial Director for the UK, Europe and the Americas. Connect with us for a quote to secure your future as an international worker. Ensuring Financial Stability through International Life Insurance Unisure acknowledges the importance of financial stability when offering life insurance for international employees. By partnering with A-rated reinsurers like Gen Re, the group ensures both employers and employees have the confidence that claims will be paid reliably. Key Benefits of Financial Stability: This level of financial security allows employees to focus on their work without worries about financial protection while helping businesses steer clear of unexpected liabilities. By providing straightforward, hassle-free life insurance for international employees, not only does it guarantee the safety of employees but it also endorses the strong commitment of a company towards employee well-being and lends strength to employer branding. Discover a Seamless Path to Global Employee Protection Are you ready to provide your international workforce with unparalleled security and peace of mind? With Unisure, your employees’ protection is never limited by borders or complexities. We are leaders in International Life Insurance solutions, offering robust, flexible coverage designed to meet the unique needs of a diverse, global workforce. Empower your company and reassure your employees with comprehensive protection that adapts to their roles and locations. Invest in a secure future for your global team and experience the ease of international coverage with Unisure. Contact us today and ensure your employees’ financial safety wherever they are in the world.
Taking a look at global employee
engagement levels and retention rates
Employees want policies that are Portable. Flexible. Dependable. International employee benefits encompass a wide spectrum of offerings, of which International Health and Life Insurance play an important part. International Group Health Insurance can be a crucial lifeline for employees working overseas in locations where medical care is either unavailable, or cripplingly expensive. International Group Life Insurance, on the other hand, offers employees all over the world the comfort of knowing that their loved ones will be financially protected, no matter where they live and work. For employers who employ staff all around the world, international employee benefit policies not only offer a compelling, compassionate and equitable way to look after employees’ mental, physical and financial wellbeing, but they’re more often than not a powerful talent attraction and retention tool as well. Talent attraction and retention According to a recent Gallup Workplace 2024 study, “employees’ long-term commitment to their organisations is currently the lowest it has been in nine years”. This is echoed in PwC’s Global Workforce Hopes and Fears Survey 2024, which asked 56 600 workers across 50 countries how likely they are to change employers within the next 12 months. A resounding 28% answered in the affirmative. When responding employees were asked what their manager or organisation could have done to prevent them from leaving, 30% listed “provide additional compensation/benefits”. Obviously benefits encompass a wide range of solutions, and as a recent Forbes Advisor article on employee benefits in 2024 points out, it’s important to ensure that the benefits you offer “are ones that your employees will actually use and appreciate”. This Ciphr research shows that employers and employees are mostly well-aligned in their thinking about select sought-after benefits: But this is not necessarily the case when it comes to overall employee financial wellbeing. According to BrightPlan’s 2024 Wellness Barometer, “while 8 out of 10 employers offer or plan to offer financial benefits, 76% of employees are not satisfied with their company’s financial benefits”. Rising employee financial stress has been well documented, particularly, as BrightPlan highlights, around issues of high inflation/high cost of living (a concern for 95% of respondents), a potential recession (a concern for 88% of respondents) and market volatility (a concern for 87% of respondents). These concerns are a source of stress for employees all the world around but are arguably more prominently felt by digital nomads and expat employees who may feel more financially vulnerable living and working outside of their countries of residence. And this is where the advantages of international benefits are so keenly felt. Why invest in international benefits for your teams? 1. International policies offer currency stability Currency protection is a major benefit of international benefits policies. In the case of Unisure policies, for example, they allow employers to offer their employees policies in GBP, USD or Euros. This is particularly important for multinational companies with employees who aren’t working in First World countries. Should their policies’ currencies fluctuate, they won’t have the peace of mind that their policy will retain its value for their families should they suddenly pass away when the market is at a low. 2. Retention challenges are a global concern and can be costly Gallup estimates the following costs to replace key staff: Leaders and managers – Costs around 200% of their salary Professionals in technical roles – Costs around 80% of their salary Frontline employees – Costs around 40% of their salary 3. The global cost of lost productivity is staggering Poor employee wellbeing and burnout costs global employers an estimated $322 billion of turnover and lost productivity, according to Gallup. Bearing in mind the costs involved in replacing lost employees, it makes financial sense to invest in international benefits for one’s teams, not only because replacing talent can be an expensive exercise, but also because it could profoundly affect employee productivity levels and a company’s bottom line. If you want to set a new international benefits policy for your company, or upgrade an existing policy, let’s chat. Visit www.unisuregroup.com to learn more about how we can help you and your employees.
Breathwork as an important pillar
in workplace wellness
Master the Balanced Breath for greater resilience The workplace is facing a new pandemic – burnout. One in four employees globally report experiencing symptoms of burnout, which includes exhaustion, mental distancing, and cognitive and emotional impairment. This can lead to anxiety, depression, or other, more severe, mental health conditions. Not only is it unsustainable for the individual, but it also deeply affects their workplace performance. As the American Psychological Association’s senior director of applied psychology, Dennis P. Stolle (JD, PhD), explains, “When workers are suffering from burnout, their productivity drops, and they may become less innovative and more likely to make errors. If this spreads throughout an organization, it can have a serious negative impact on productivity, service quality, and the bottom-line.” So what are individuals and employers to do? According to Breathwork Africa’s Managing Director, Marj Murray, a good starting point is simply to breathe. “When we change the way we breathe, we change the way we feel,” Marj explained to our Unisure global teams in a recent talk facilitated as part of our internal ‘Happy Balance’ employee wellbeing initiative. “As human beings, we have maladjusted to stress – there’s this go-go-go culture, where we need to constantly achieve and perform, but in the process we’ve forgotten how to rest. And if you cannot rest, you’re not going to be able to tap into your creativity, and, most importantly, you’re not going to be able to balance and regulate yourself.” Marj’s introduction to the health benefits of breath work was a very personal one. Eight years ago, when she was leaving the corporate world and entering a coaching environment, she visited a doctor for her fatigue and was advised to try conscious breathing. “I decided to give it a go,” she told an attentive online audience, “and during that period of time, I was able to come off all my anti-anxiety medication, my anti-depressants, and my chronic heart medication. All I did was change the way I breathed, and slowly I learned that I could control my heart palpitations and engage in life more effectively.” To take the power of breathwork into a practical realm, Marj guided us through a Balanced Breath routine (also referred to as a ‘3-6-5 breath’ because the aim is to do it 3 times a day, at 6 breaths per minute, for 5 minutes at a time). https://www.unisuregroup.com/wp-content/uploads/2024/12/Unisure-July-Linkedin-Article-Breathing-Exercise-1-1.mp4 Watch this video of Marj teaching the Balanced Breath here. “While the average adult breathes around 16 – 20 breaths a minute, the general goal is to be able to breathe 12 – 14 breaths a minute on a daily basis. The Balanced Breath technique brings one down to around 6 breaths a minute, which is the optimal breathing rate for healing and health,” Marj says. “The Balanced Breath technique has been used for decades to treat highly stressed individuals, as well as people suffering from post-traumatic stress disorder (PTSD),” Marj explains. “The science behind it is something known as one’s heart rate variability, which is becoming an increasingly researched biomarker of mental health resilience.” If the measure of how quickly or not we bounce back from a physical or mental illness can be affected by how we breathe, then surely we have a duty to try this simple routine for ourselves? As Marj says, “The best part about breath work is that you don’t have to go to the gym, take out a yoga mat, or put your running shoes on, because our breath is with us all the time. You can do it anywhere, at any time – in the car, at the office, or even while you’re lying in bed.” To learn more about the power of breathing, follow Breathwork Africa on social media to stay abreast of their workshops and courses, and read, Breathe: Strategising energy in the age of burnout, written by Dr Ela Manga, Breathwork Africa’s founder.