Life insurance for expat parents
You're expecting a child, so it's time to think about financial security
More people to help you
We employ more people for each member than any other expat insurance provider.
We don't run call centres
Plans Insured by the Allianz group
When your customers buy a plan with us, they're insured by a company belonging to the largest financial services group in the world.
30-Day Money Back Guarantee
If your customers are not completely satisfied with us or their plans, we'll fully refund them if they cancel within 30 days.
Best Member Exp. Rating in the Business
Members rate us highly and members renew with us. Given we have more employees per 1,000 members than any of our competitors, it's easy to see why!
Plans Insured by Allianz
When your customers buy a plan with us, they're insured by a company belonging to the largest financial services group in the world.
Why Choose William Russell
Secure data
We take your personal data very seriously. Our systems have ISO 27001 certification and we’re GDPR compliant.
Regulated by the FCA & FSMA
We’re regulated by the Financial Conduct Authority in the UK and the Financial Services & Markets Authority in Belgium
What our members say about us
Our experience with William Russell has been top-notch. In over 10 years with your company, we’ve always been pleasantly surprised with the service we receive, so thanks once again.
L.B.
Member with William Russell
1/3
I would like to take the opportunity to thank you personally for the good work you and your team have carried out in handling our claims. We have found your personal intervention to be of great assistance and would like to commend your company.
R.F.
Member with William Russell
2/3
Thank you so much - you have put our minds at rest. I very much appreciate the personal touch to your service - this is very rare with insurers and is exactly why we deal with William Russell.
A.K.,
Member with William Russell
3/3
Why do new parents buy life insurance?
How we can help
Learn more about our other plans
Access to private healthcare, doctors, and nurses, wherever life takes you.
International health insurance
Specialist policies for groups of employees or your entire company.
Insurance plans for businesses
A replacement income for if you cannot work due to an illness or injury while you're working abroad
International income protection
About William Russell
We provide health insurance, life insurance and income protection for individuals, families, and businesses. These insurance plans are like the ones you purchase at home, but they have international dimensions such as worldwide cover, emergency medical evacuation, and 24/7 global medical assistance. We were one of the first companies to provide specialist insurance for expats, but even as competitors joined us in the expat insurance space—they were never really like us. We weren’t an insurance multinational or an international department of a domestic insurer. We never had shareholders, investors or backing from private equity. We were (and remain) a family-owned business that specialises in insurance for expats. That’s how we provide such a refreshing member experience, and why our members renew with us year after year.
30-day money back guarantee
If you're not completely satisfied with us or your plan, we'll fully refund you if you cancel within 30 days.
Unbeatable member experience
Members rate us highly for our personal service. Given we have more staff per 1,000 members than any of our competitors, it's easy to see why!
Plans insured By Allianz
When you buy a plan with us, you're insured by a company belonging to the largest financial services group in the world.
30-day money back guarantee
If you're not completely satisfied with us or your plan, we'll fully refund you if you cancel within 30 days.
Unbeatable member experience
Members rate us highly for our personal service. Given we have more advisers per 1,000 members than any of our competitors, it's easy to see why!
Plans insured By Allianz
When you buy a plan with us, you're insured by a company belonging to the largest financial services group in the world.
Secure technology
We take your personal data very seriously. Our systems and practices have ISO 27001 certification and we're GDPR compliant.
Regulated by the FCA & FSMA
We're regulated by the Financial Conduct Authority in the UK and the Financial Services & Markets Authority in Belgium.
Wherever you buy your life insurance, make sure it
You want to make sure that the insurance company comes through if you need it. So pick a company you can trust. Our plans are insured by Alianz...
You don't know where life will take you, so choose a plan that doesn't lock you in, will cover you abroad, at home and on travels, and you can increase or decrease payout value quickly
So, are you ready to start
a conversation with us?
So, are you ready to start a conversation with us?
William Russell Europe SRL is registered at Place Marcel Broodthaers 8, B-1060 Saint-Gilles, Brussels. Registered in Belgium with the Financial Services & Markets Authority, no. 0731.975.658 RPM, as a limited liability company with share capital of €30,000. Mandated underwriter for AWP Health & Life SA. The UK branch of William Russell Europe SRL is registered at William Russell House, The Square, Lightwater, Surrey, GU18 5SS, UK. Deemed authorised & regulated by the Financial Conduct Authority (FCA), reference no. 847808. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the FCA’s website. William Russell Ltd is authorised & regulated in the UK by the FCA, reference number 309314. William Russell Ltd is registered in England & Wales at William Russell House, The Square, Lightwater, Surrey, GU18 5SS.
Talk to one of our experts on +44 1276 486 477
Protecting your newborn means more than providing a roof and a warm bed. You should protect their future should the worst happen.
No. You buy life insurance for yourself and name your baby and/or your partner as beneficiary of your plan. If you were to die, your baby and/or partner will receive your life benefit.
Q. Do I buy life insurance
for my baby?
Life insurance can be confusing. Before choosing a policy, it's best to understand what type of insurance cover you need. There are three main types, each with its own pros and cons for expats.
Raising children can be expensive. Last December, the Child Poverty Action Group in the UK reported that the cost of bringing up a child is at least £190,000. Expat parents can expect that figure to be much higher, with private school fees, regular international travel, and all the perks that come with the expat lifestyle. Often, your income (or your partner's) is the only way to pay for these costs of raising your child. If you or your partner were to pass away, that could take a toll financial as well as an emotional toll. Life insurance is one thing that parents use to put in place a safety net. When parents purchase life insurance, they typically think about costs they would usually use their income to cover. For example, mortgages or debts, monthly bills, education and childcare, and everyday spending such as food and clothing. If the main breadwinner in your household should pass away, you'll probably want help to cover these costs. That's where life insurance can help.
Q. Are there special life insurance policies for parents?
No, not really. It's the same life insurance policy, with the same application process and same premiums. There are no extra requirements for parents buying life insurance.
Q. When's the best time to buy a policy?
There is no set 'guide' to when is the best time, but most people purchase life insurance at significant points of their life (e.g., marriage, buying a house, planning children).
What type of life insurance is best for expat parents?
Choose the payout value and how long the policy lasts. Not always great for expats, because you don't always know how long you'll be living abroad. Prices may also change if you move countries or cities.
Level-term life
insurance
Select the payout value and renew your policy each year. It's a good fit for expats one day planning to return home or move to another country. You won't be locked into a long-term policy. This is the policy type that we, William Russell, provide.
Annually renewable
life insurance
Select the payout value and how long the policy lasts. Decreasing term is good for helping dependants cover debts that lessen over time (e.g., mortgages). Like level term, it's not always appropriate for expats, who may need more flexibility.
Decreasing-term life
insurance
The Smith family
Alex and Joanne Smith are a British couple living in South Africa. They were married a couple of years ago, and now they're planning children and purchasing a house of their own in Cape Town. Joanne works full time as a consultant doctor at a Cape Town hospital, but Alex works only part time, teaching university students remotely. When Joanne becomes pregnant, they begin to wonder how Alex would look after a child in South Africa without the Joanne's income. They decide that purchasing life insurance for Joanne would be a sound financial decision. That way, should something awful happen to Joanne, Alex could use the money from Joanne's payout to stay in South Africa and raise their child.
Case study
How our members rate us. Based on 1069 member reviews
Security
Customer service
Flexible
So, what are the key benefits of life insurance for expat parents with William Russell?
Payouts up to €1.7m
If you're diagnosed with a terminal illness, we'll give the payout to you so you can choose what to do with the money.
With the optional accident benefit, your beneficiary will receive an additional payout if your death is caused by an accident.
Early payment for terminal illness
Extra cover for death by accident
Secure technology
We take your personal data very seriously. Our systems and practices have ISO 27001 certification and we're GDPR compliant.
Regulated by the FCA & FSMA
We're regulated by the Financial Conduct Authority in the UK and the Financial Services & Markets Authority in Belgium.
Unlike most life insurance, our policies are international. You're covered for life, work and travel abroad.
International cover
Cover you can trust
Our plans are insured by the Allianz group, one of the largest financial services firm in the world, with a financial strength rating of A+.
Annually renewable
Our policies are annually renewable, so you won't be locked into a long-term life insurance contract.
Want to discuss your needs with a specialist?
So, are you ready to start a conversation with us?
Joe Holden
Life insurance specialist at William Russell for the past 8 years, father of one, and all-round nice guy!
+44 (0) 1276 486 456
joe.holden@william-russell.com
Easy to apply
You can see prices online and speak to our specialists for free. If you decide to purchase a policy, you can have cover within 48 hours. We only require medical examinations if you' choose a payout above a certain amount.
Once your policy starts, we don't require any further medical information from you. You can renew your plan even if you personal health deteriorates.
No further medicals
Insure your life up to €1,700,000. If you die, we'll give your payout as a cash-lump sum to the beneficiary you nominate on your application form.
