Benefits & Leave 3 min

Enhancing employee benefits: introducing Global Life Insurance at Remote

Written by Francesco Cardi
November 23, 2023
Francesco Cardi

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Life insurance is a fundamental element of financial security, providing a valuable safety net in the event that the unthinkable happens. It’s common for employers to offer life insurance as a benefit to help support employees and their families against loss of income with additional financial security. 

We’re excited to introduce Global Life Insurance as part of our core benefits package. This additional benefit will enhance your company’s employee value proposition and help you attract and retain top talent.

Starting January 1, 2024, we're introducing comprehensive life insurance coverage options as part of our commitment to provide benefits that go beyond statutory requirements and meet the needs of all of your global employees, regardless of where they call home. 

Tailored and comprehensive coverage for international teams

Remote's Global Life Insurance is customized to meet the diverse needs of a global workforce. 

Employer of Record customers can offer their employees life insurance selections that best meet their needs, including:

  • Flexible coverage of up to $600,000 total protection

  • Optional Accidental Death & Dismemberment (AD&D), and Permanent Disability (PD) coverage

  • Flexible opt-in on a per-country and per-employee basis 

  • Reduced costs as a result of our global scale 

Our global life insurance is backed by a leading provider for your peace of mind and is available to offer in over 66 countries around the world. 

Core benefits and beyond

We design our global benefits offering in two parts: mandatory statutory benefits and optional core benefits.

Global Life Insurance is part of Remote's core benefits offering, ensuring that our employees and their families have additional financial security. This approach is aligned with our philosophy that benefits should always be considered part of core compensation for global employees. 

Along with life insurance, our core benefits include health, dental, and vision insurance, disability insurance for income protection in case of illness or accident, and pension or retirement funds for financial security across the majority of countries we support. 

All core benefits are optional where possible, according to local regulations, so businesses have maximum flexibility to build a custom approach to global benefits and compensation. 

Offering a package of core benefits not only supports employees' wellbeing, but also plays a pivotal role in attracting and retaining top talent, ensuring your team members feel valued and secure in their futures. 

Offer global life insurance today

Both new and existing customers can access this benefit easily.

  • Existing Remote Employees: log into your Remote company account and navigate to the Benefits hub, where you can enroll existing team members by country. 

  • New Remote Employees: you can select life insurance benefit offerings as part of the employee onboarding flow. 

Remote's Global Life Insurance is more than a policy; it's a commitment to the wellbeing and financial security of your team and their loved ones. 

Find out more about the benefits available to Remote customers in our Benefits Directory

If you’re looking to attract and retain top talent worldwide, check out how Remote Employer of Record can help you with global employment, benefits, compliance, and tax. Book a demo today.

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