International Protection
Hi everyone, I have Lee Doran from William Russell with me. As the International Underwriting Manager Lee has an incredible knowledge of how protection insurance works across the UK and the rest of the world. With 20 years experience as an underwriter, he has seen and heard pretty much everything.
In this episode we talk about Ukraine, Russia, the US and how getting insurance isn’t the easiest thing to do. Lee takes us through how international insurance can make things far simpler for clients who move countries, if they need to make a claim. We also take you through some key points about admitted, non-admitted, group and individual protection.
The key takeaways:
International protection insurance options change quickly depending upon the health, social, political, financial and environmental situations of a country.There are some countries where you will simply not be able to arrange protection insurance for if you plan to travel or live there. There can be super specialist options, but it is pretty much guaranteed that the policy will exclude claims that happen in the sanctioned/restricted country.A case study looking at quite a straightforward international client requirement, and another case study of a more complex situation.Next time Alan is going to be back with me and we are going to be talking about underwriting updates for cigarettes and alcohol.
Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website, thanks to our sponsors NextGen Planners.
The Practical Protection Podcast
When you set out to get things like life insurance, critical illness cover or income protection, many people do not think that they are going to hit any snags along the way.
But! Insurance is a world of risk and there are times that a persons circumstances will make insurers sit back and have an extra think about offering the insurance.
Why?!
This podcast is designed to answer that why. Kathryn Knowles is joined by guests to bring a clear and open chat about how insurance works.
Kathryn brings her experience as a "quirky" life and the voice of the consumer to the discussion. She does this alongside her work as a specialist adviser, who is known for insuring the uninsurable.
Where can you listen?
