International Group Insurance Products with Full Description:

Who helps you today to navigate international risk management and global benefits for expatriates, TCNs, foreign nationals and global travelers?

The 3 most important reasons to team with us for international group insurance needs are outlined below:

There is no cost to have McKinley International on "retainer" and we share advice with clients every day with no consulting fees.

If you employ expatriates and other international assignees, you never know what may cross your desk and you need a partner that can navigate ANY issue that may come your way.

Your current broker or consultant may lack international experience (99% do), and there is no conflict because we do NO U.S. domestic benefits.

Expatriate Kidnap and Ransom Insurance for Brazil

If heading to Brazil or Rio, it's extremely important to have the right international insurance package that not only works in your host country but equally well throughout the South American region. Other programs will be necessary depending on how long the person will be residing in Brazil. Security and kidnap for ransom insurance in Brazil should be a prime concern.

If you have expatriates in Brazil or you are an individual expatriate living in Brazil please call us for a free insurance review.

Expatriate Insurance Brazil

McKinley International Risk Management works with individuals and organizations that need to provide medical insurance in Brazil for expatriate employees, travelers to Brazil, and local nationals of Brazil and South America. Please contact us for a free insurance and general international risk management consultation that will design a strategy based on your exact international exposures throughout Brazil (where people are traveling and for how long.) Did we mention this is a free service, something the international consultants will charge you over $5,000 to do.

Whether you are working full time in Sao Paulo or are traveling for two weeks to Rio for the carnival, anyone traveling or working in Brazil needs the right international medical insurance scheme. In addition to the proper expatriate health insurance for those living full time in country, here is a list of useful information for anyone working or traveling to Brazil.

  1. An international medical insurance plan is very important for foreign nationals in Brazil. You need a program that works in the host country, regionally throughout South America, and in the home country for return visits.

Expatriate Insurance Brazil Needs Chart (1 to 10 with 10 being a critical need) Looks at the need for expatriate insurance vs. what can be obtained in the local market or what many not even be needed for an expatriate assignment in Brazil.

Expatriate Medical Insurance in Brazil a necessity? 9
International Medical Evacuation in Brazil (with assistance) 6
Expatriate Life Insurance in Brazil 8
Expatriate Disability Insurance in Brazil 8
Cross Cultural Training in Brazil 8
International EAP in Brazil 6
International Workers Compensation Insurance Brazil 10
Expatriate Property Insurance in Brazil 9
Expatriate Liability Insurance in Brazil 9
Kidnap and Ransom Insurance Brazil 6
Emergency Security Planning / Evacuation Plan 6
Local Admitted Coverage Needed for Expatriates in Brazil No
Place Brazil Nationals under an offshore or U.S. expat plan Never
Brazil health insurance works for local nationals of Brazil in the United States No
Repatriation of Remains Brazil for Expatriates (insurance to return remains) 8

* Note, some parts of Brazil, and Rio are very unsafe for expatriates and security planning and site assessment by a security professional is recommended.

Expatraites that live in Brazil for more than one year that do not have expatriate insurance for Brazil provided by their employer back in the home country should contact the National Agency for Supplemental Health (Agência Nacional de Saúde Suplementar, or ANS) to see what plans may be available for expatriates living in Brazil without insurance.

** Coverage of risks located in Brazil is regulated under Article 6 of Decree-law No. 73/66, which only permits placement of insurance and reinsurance abroad when coverage is not available in Brazil or coverage thereof is not convenient to the national interests. When insurance is placed with non-admitted insurers, according to articles 44, I, “d”, and 81, of Decree-law no. 73/66, the Brazilian Reinsurance Institute (IRB) is responsible for intermediating and promoting placement abroad of insurance and reinsurance where such insurance is not available in the domestic market. An insured may not turn to the non-admitted market until after it has obtained either 10 declinations or, if there are not 10 domestic carriers in that line of business, a declination from each local insurer in that business.

Pension Plans for Brazil Local Nationals to be considered by employers that hire Brazilian local nationals or need to provide Brazilian local national benefits from the United States.

In Brazil, supplemental retirement plans offered to local nationals are "open or closed." Open pension plans are marketed by insurance companies and financial institutions. Open pension plans are defined contribution (DC) plans and look like U.S. IRA or 401K style plans, and are used by individuals and by employers who have a small group of employees to cover. In an open pension plan, each employee has his or her own account.

Closed pension plans are set up by an employer, or by a group of related employers. Most are like U.S. style Defined Benefit plans but they can be D.C. plans in some cases.