Zurich Life Introduces Global Group Solutions -- New Group Life, Disability Income and Accidental Death Insurance For Foreign-Based U.S. Employees.


Zurich Life, in partnership with Zurich, Life International, today announced the launch of Zurich Life Global Group Solutions, offering U.S. corporations tailored group plans for life, long term disability (LTD) and accidental death and dismemberment

AD & D) insurance for foreign-based employees. Global Group Solutions targets the growing need of U.S. corporations to provide affordable coverage to their internationally mobile employees, whose numbers steadily increase in today's expanding global marketplace.
"More U.S. corporations are sending consultants and executives to foreign countries, but many of those employees don't enjoy the same level of life or disability income insurance coverage as their U.S.-based counterparts, leaving them under-protected," said Zurich, Life International's Kathleen Longueil, sales manager, North America.
"In the past, the only option many corporations had for providing coverage for their international employees was self-insurance, which can be cost- prohibitive," Longueil continued. "Through Global Group Solutions, we are one of the few U.S. carriers who provide corporations with affordable coverage for this niche market."
Zurich, Life International has more than 20 years of international experience and expertise in meeting the life insurance and disability income needs of expatriates. That experience includes proven underwriting and managing financial risk, regulations, currency, taxes and terminology in an international environment. Zurich Life brings expertise in U.S. style policy wording and format, local marketing support, and responsive service. Collectively, this experience allows Global Group Solutions to provide the understanding, support, and financial protection management that corporations and their internationally mobile employees need.
For additional information about Global Group Solutions, visit http://www.zurichlife.com and click on Global Group Solutions or call 866.800.7291.
Zurich Life ( http://www.zurichlifeus.com ) is a leading provider of risk management and asset accumulation solutions for individuals and institutions. These financial solutions include term life insurance, universal and variable universal life, fixed and variable annuities, and bank-owned life insurance. Zurich Life distributes its products directly to consumers and through a variety of channels, such as independent broker/dealers, life insurance agencies, banks, and financial planners. Zurich Life has more than $17 billion in assets under management and $251 billion of life insurance in force as of December 31, 2000.