Preparing to become an expatriate involves completing numerous tasks that you may have never considered previously. One is obtaining ex-pat insurance.
Ex-pat insurance can cover financial losses incurred while living and working in another country. For example, these plans can provide health insurance coverage while living outside the U.S.
Obtaining the proper ex-pat insurance before you move is essential to having the necessary protections for yourself and your family. If you’re looking for a top-tier ex-pat insurance provider with reasonable prices and comprehensive coverage, we recommend William Russell.
Read on to learn everything you need to know about William Russell Insurance.
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What Is William Russell Insurance?
William Russell is an insurance provider that offers a personal, fair insurance experience for expatriates. This company takes the stress out of having the right insurance coverage for your time abroad.
Inez Cooper founded William Russell Insurance in 1992 and gave the company a man’s name because insurance was a man’s business at the time. However, today, the company is a female-powered organization with modern insights and insurance practices.
William Russell offers insurance plans on behalf of the Allianz group, an international financial services provider. William Russell designs its insurance plans alongside the Allianz group but is solely responsible for its customers’ experiences.
William Russell Insurance Policies
William Russell offers insurance for individuals, families, and businesses. This organization provides three types of ex-pat insurance:
Ex-Pat Health Insurance
All Americans who live abroad for even a short time should obtain international health insurance. Domestic health insurance plans do not provide coverage outside the U.S. As a result, you’ll need ex-pat insurance in place if you experience any illnesses or injuries during your international stay.
William Russell offers ex-pat health insurance that covers the following types of people and organizations:
- Ex-pat individuals and families
- International citizens
- Remote workers living internationally
- Frequent travelers
- Global businesses
- Governmental and non-governmental organizations
This insurance provider offers four health plans:
- Bronze plan: $1.5 million annual benefit limit, coverage for hospital costs, cancer treatment, mental health treatment, post-hospital treatment, and medical evaluations
- Silver Lite plan: $1.5 million annual benefit limit, coverage for hospital costs, cancer treatment, and trips to the doctor
- Silver plan: $2.5 million annual benefit limit, coverage for hospital costs, cancer treatment, mental health treatment, trips to the doctor, and medical evaluations
- Gold plan: $5 million annual benefit limit, coverage for hospital costs, cancer treatment, mental health treatment, trips to the doctor, pregnancy and childbirth, and medical evaluations
Medical treatments costs different amounts in different countries. As a result, you may want to research the average cost of medical care in your country to determine a reasonable benefit limit.
The bronze plan starts at just $88 per month, but the exact premium you will need to pay depends on your circumstances. However, in 2021, the average cost of individual health insurance through William Russell was $3,650 for the year.
Ex-Pat Life Insurance
William Russell also offers life insurance for ex-pats. If you have a domestic life insurance policy, it may not provide coverage abroad. However, international life insurance can give your family a cushion should the unexpected happen while you’re living internationally.
Through William Russell, you can insure your life for up to 20 times your annual salary or a maximum of $2 million. The organization also offers plans in several currencies, including U.S. dollars, Euros, pounds sterling, and UAE dirhams.
These plans are incredibly affordable. You can obtain $250,000 in life benefits for just $22 per month with William Russell. This insurance provider has had a 100% claim payout rate over the past five years, allowing you to feel confident in its reliability.
William Russell life insurance provides the following key benefits over other life insurance plans:
- Life insurance up to $2 million
- Optional $500,000 accident insurance to provide additional funds if your death was an accident
- Early payments for terminal illness
This life insurance policy covers you in the following circumstances:
- Common causes of death (heart attack, illness, cancer)
- Death while you’re living overseas
- Death while you’re living in your country of nationality
- Suicide (after one year)
You can request a free quote on the William Russell website to determine how much you can expect to pay for ex-pat life insurance.
Ex-Pat Income Protection
William Russell also offers international income protection. This insurance can protect your income if you become incapacitated due to an illness or injury. If you opt for this insurance, you can receive a monthly payment for the period you cannot work while you’re posted abroad.
In order for this insurance coverage to kick in, you must be unable to work for longer than three months from an illness or injury. Then, William Russell will continue payments until you can return to work, reach age 65, or die.
This income protection plan offers several benefits:
- Free, no-penalty cancellation within 30 days
- Competitive premiums based on your age, health, and desired coverage
- Coverage for up to 80% of your salary with a maximum of $144,000 U.S. dollars
Once you start receiving monthly payments, your replacement income will increase by 2% compound every year to match the rate of inflation.
What Sets William Russell Apart?
Numerous expatriates choose William Russell insurance over other international insurance companies. This company offers a reliable experience for ex-pats and takes the stress out of having the necessary coverage throughout their international placements.
Here are a few qualities that set William Russell apart from other insurers:
Best Hospitals & Doctors
William Russell has an impressive network of hospitals and care facilities. You can receive William Russell coverage at over 40,000 hospitals worldwide, making it easy to find a care provider in your country that accepts William Russell insurance.
Additionally, this company works with some of the best hospitals and doctors in the world. William Russell purposefully seeks out the top-rated care providers within each service area to ensure its customers have access to the best healthcare.
William Russell offers exceptional customer service, providing personalized assistance for every customer. The company prides itself on having an outstanding team that goes above and beyond for its customers.
William Russell charges competitive prices and has a 0% average premium inflation rate. You can expect your premium to stay the same from year to year, allowing you to experience the provider’s affordable rates long-term.
If you waited until the last minute to obtain ex-pat insurance, you can rest assured that William Russell will act quickly to get you the coverage you need. You can receive a health quote in just 60 seconds and begin an active insurance plan within 48 hours or less.
Additionally, William Russell processes claims quickly and efficiently. The company will assess your claim within five days.
William Russell offers a 30-day money-back guarantee. If you’re not satisfied with your insurance plan or decide to switch to another provider, you can cancel and receive a full refund within 30 days.
Altogether, if you’re looking for a reliable ex-pat insurer with a wide range of coverage options and a history of satisfied customers, you can’t go wrong choosing William Russell. Request your free quote on the William Russell website today to learn how affordable your ex-pat insurance could be.
William Russell Quick Summary:
|⚕️ Team||73 staff worldwide of which 70% are women|
|🏢Offices||UK, Indonesia, UAE and Belgium|
|⚖️ Underwriter||AWP Health & Life SA, an Allianz group company registered in France.|
|🏆 Awards||10+ awards, including Feefo Gold Trusted Service Award three years in a row and Intermediary / Affinity Partner of the Year in the ITIJ Awards 2021|
|🌟Reviews||Excellent 4.5/5 from 199 reviews on feefo|
|🌐 Official Website||Visit William Russell|
Matt is a veteran of the moving industry, a recognized moving expert and is the founder of Mover Focus. Matt holds a Bachelor of Commerce (BCom) majoring in Finance and Marketing and Bachelor of Arts (BA) majoring in Economics and History. He also has completed the EiM (Essentials in International Moving) course from the FIDI Academy. His advice has been featured in Reader’s Digest, Yahoo Finance, MSN Money, Business News Daily and The SpareFoot Blog Go. Read more.