International employee benefits are a growing need for many companies as foreign-owned companies establish U.S. operations and U.S. companies expand abroad. With this in mind, Hylant has evolved its global approach to successfully support a wide variety of organizations with services that include discovery and assessment of current practices, benchmarking, and support of new country expansion, cost analysis, strategy development and global benefits coordination with our Worldwide Broker Network (WBN) partners across the globe.
As an affiliate of the WBN, we have the advantage of leveraging membership resources in over 100 countries in 500 offices around the globe. These resources provide “on the ground” knowledge and expertise to assist in developing and implementing global human resources solutions.
Our in-house expertise on international employee benefits issues is truly valuable. We have dedicated resources with capabilities to provide services supporting U.S. expatriates, third-country nationals, international travelers and local nationals. We offer services to assist employers who are in the initial stages of global expansion, as well as those who are expanding existing benefits offerings and employers looking to assess their programs against current market trends and competitiveness. We collaborate to refine a global strategy for employee benefits, we identify the exposures, we measure and recommend the sufficient levels while ensuring they are cost effective, and we engage geographically dispersed employee populations through communication. Our international experts can support the development of tailored solutions to mitigate business risk in a global environment.
Whether you are traveling for business or for leisure, it is always recommended to purchase travel medical insurance. Travel insurance is designed to protect you in the event you become ill or have an accident while traveling. It’s important to purchase travel insurance before you travel.
Make sure the coverage includes emergency evacuation and repatriation. This will help cover the cost of transporting you back to your home country should you become ill or injured.
Review the assistance with lost luggage and passports – some policiesoffer this benefit. Most coverage will typically offer support in the event of a natural disaster or security event.
Who Should Buy Travel Insurance
Anyone planning a trip outside of their home country, including students, business travelers and individuals traveling for personal reasons. Additionally, any individuals with pre-existing health conditions should purchase travel insurance.
Our experts would love to talk to you about putting together an international employee benefits plan fit to your global business needs.+ Contact an Expert