With workforces increasingly global and mobile, and multinational insurance and pension requirements growing more complex, multinationals need simple and effective solutions that are tailored to their needs, allowing them to offer attractive benefits packages to their expatriate and TCN employees – wherever they are located.

Worldwide coverage
In response to these requirements, Swiss Life Luxembourg has now expanded the number of geographic territories covered by its international employee benefit plans to include several higher risk regions. Furthermore, acceptance is now based on simple rules which establish any restrictions and possible exclusions. Limitations still exist, but these will be dealt with using simple criteria. As a result, multinational companies can now purchase group life and disability insurance cover for an even broader international workforce, allowing global coverage under a single group scheme.

Simpler pricing and rules, cost control through pooling
As a strong presence in international group employee benefit plans for several years, Swiss Life Luxembourg has also further improved its expatriate solutions by offering a new and simpler pricing structure. Territories have been re-grouped into three clearly defined zones, which also allows greater portability of coverage. While premiums for employees in certain risky or unstable regions will be higher than for lower-risk regions, parent companies will, in case of international pooling, benefit from any positive experience rating through the international dividends this provides.

The Luxembourg Advantage
Swiss Life Luxembourg has enormous group coverage expertise, with many years of experience helping multinationals to implement benefits packages that combine both risk and retirement coverages.

Risk coverage for expatriate solutions is provided under a Luxembourg-based insurance plan at very competitive rates. The product range of Swiss Life Luxembourg also includes comprehensive choice of savings solutions with unit-linked or guaranteed interest rate vehicles, the choice between lump sum and pension payments, and direct internet access for both managers and employees.

For more information, please visit www.swisslife.com/luxembourg