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Cheap Insurance Quotes UK Insurance Online Some companies may wish to provide additional life cover for those employees who are working aboard on a project for a period of time. This may be for the benefit of the employee’s dependents or to provide a sum of money to help the employer replace that person.


Assuming that the work aboard is a long period project then insurers may issue a separate cover charging an annual premium based on the exposed risk and then adjusting that premium downwards when employees return to the UK to work.   In some such schemes cover may be extended for three months after return to the UK in case there was a an accident abroad and this produced complication after the return to the UK date.


If firms regularly have employees abroad then the insurer might provide them with an annual scheme rather than a policy to cover the single project.


This type of insurance scheme may not be able to be included as part of an inland revenue approved pension scheme.
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