Life Insurance

[Sintra]

For you guys thinking of going abroad to work you will more than likely find that your life insurance will not cover you to work overseas.

I found this out a few years ago when i was talking to a financial advisor and it was confirmed by the insurance company.

I now have to inform the life insurance company each time before i make a trip abroad and am hit with a hefty additional monthly premium for time spend outside the UK.

The amount of excess you have to pay also is dependant on the country you are going to work in.

Make sure it's sorted before you go anywhere to work as like all insurance companies they will be looking at any way not to pay up. The way i look at it is if anything happens to me my wife and kids would be dependant on the pay out.

 

[Mile high Mike]

For you guys thinking of going abroad to work you will more than likely find that your life insurance will not cover you to work overseas.

I found this out a few years ago when i was talking to a financial advisor and it was confirmed by the insurance company.

I now have to inform the life insurance company each time before i make a trip abroad and am hit with a hefty additional monthly premium for time spend outside the UK.

The amount of excess you have to pay also is dependant on the country you are going to work in.

Make sure it's sorted before you go anywhere to work as like all insurance companies they will be looking at any way not to pay up. The way i look at it is if anything happens to me my wife and kids would be dependant on the pay out.

Just to add on to this Sticky. If anyone is wishing to work in Afghanistan you will need to be covered for "Acts of war" this is a claws that all insurers have. Although you won't be fighting in it you will likely be based on a British/US camp ie Kandahar or Bastion and if anything happens they will automatically say it was an act of war and if you aint covered for it they will not pay! dont be caught out.