Demand for International Health Insurance Plans Will Rise As More People Seek Employment Overseas

PR Log (Press Release) – Nov 12, 2008 – It is anticipated that the demand for international health insurance will rise during the recession as more people seek employment overseas and companies shift jobs overseas. Expat Financial is perfectly positioned to take advantage of this growing market. The growing number of expatriates has almost doubled because of the unstoppable move towards globalisation. The current recession should increase this trend in the future.

TFG Global Insurance Solutions Ltd. owns and operates the highly successful expatriate insurance web site call Expat Financial at:

http://www.expatfinancial.com

offers international health insurance policies from a variety of international insurance companies. One can view a variety of global medical insurance policies via our international health insurance page at:

http://www.expatfinancial.com/expathealth.htm

As owner of Expat Financial and TFG Global Insurance Solutions Ltd., David Tompkins remarked that "as more and more companies outsource their operations to remain competitive in the increasingly difficult economy, there should be an increasing demand for international insurance plans such as global medical insurance on both a group and individual basis. This is because most American and Canadian companies which have operations overseas usually require there to be a contingent of expatriates to overseas and run the satellite offices and manufacturing sites."

With higher unemployment in North America, it is expected that many employees will now be more open to taking foreign assignments. Expatriate jobs in the Middle East and in other less desirable regions look much more attractive during a tough employment environment.

It is vital for multinational firms to establish an international benefit policy to stay competitive, attract the right employees, maintain insurance plan consistency and control costs.

Expat Financial offers a variety of global medical insurance policies to both individuals and to companies around the world. David Tompkins stated that "we can source international health insurance plans for individuals and their employers. Group international health insurance plans offer expat employers both premium savings and favorable underwriting terms and enhanced insurance benefits."

The firm also offers international life insurance, expatriate disability insurance, travel insurance and evacuation coverage to individuals and expatriate employers. TFG Global has also become a leader in sourcing special risk insurance plans for companies, governments and aid organization who send their employees to high risk regions such as Afghanistan and Iraq.

Finally, David Tompkins stated that "our mission is to become a leader in providing global financial security to expatriates around the world."

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