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Life insurance for expats

Posted: Thu Mar 19, 2020 7:24 pm
by muguet
Sorry if this has been covered, but the search function keeps excluding the word "life" so I can only find stuff about health insurance.

What's the deal with purchasing life insurance when living abroad? I tried purchasing from a major company in my home country and did not qualify due to my address of current residence. If I write my home country address to get approved, do you think they would not honor the insurance if I were to die while abroad?

Any reputable companies that specialize specifically in expat life insurance?

Response

Posted: Mon Apr 20, 2020 10:33 pm
by PsyGuy
Insurance such as life insurance may b considered an investment product, and as such is usually limited to entities that have a residence/domicile in the region/location they are being applied for. Just approach the company you want to obtain the policy from to get their underwriting requirements and then apply accordingly.

Re: Life insurance for expats

Posted: Tue Apr 21, 2020 6:12 am
by Heliotrope
@muguet
If you Google "Life insurance for expats", you'll find some companies. Make sure to do you research on them though, not all are great of even mediocre.

Re: Life insurance for expats

Posted: Tue Apr 21, 2020 7:15 am
by fine dude
We purchased one from IMG through our school. You can email them at info@imgsc.com for a quote.

https://imgsc.com/life-insurance/

Re: Life insurance for expats

Posted: Mon Apr 27, 2020 2:16 am
by Illiane_Blues
My HoD got his at Harrison Brook but there are many more options.

Re: Life insurance for expats

Posted: Mon Apr 27, 2020 3:18 am
by Heliotrope
Illiane_Blues wrote:
> My HoD got his at Harrison Brook but there are many more options.

I was once warned against Harrisson Brook, but this pertained to their retirement planning services. Also, I think they're mostly (but not exclusively) focused on UK expats.