06: Insurance

If you have individual life assurance, critical illness cover or income protection insurance, it is essential that you establish whether it will remain valid overseas. Your insurer may decide to remove your cover or to increase your premium if it feels that your move makes you an increased risk.

Similarly, if you are going to be working overseas, you should check with your employer whether you will be covered for death in service and whether you have private medical insurance.

If you are not covered for private medical insurance via the workplace, you may wish to consider taking out an individual international private medical insurance policy. Much will depend on local state medical facilities, because in some countries these are of a much higher standard and are far more accessible to expatriates than in others.Last Updated