Life Insurance

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Old Sep 17th 2005, 9:29 pm
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Default Life Insurance

I presume that any UK Life Insurance policies would be invalid if you are out of the country for more than a few months. Therefore, have people got sorted out with Life Insurance before going out to Australia (can you?) or have they left their UK policies going until they have sorted it out Down Under?

Cheers,

Chris
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Old Sep 17th 2005, 11:42 pm
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Default Re: Life Insurance

Originally Posted by chris n
I presume that any UK Life Insurance policies would be invalid if you are out of the country for more than a few months. Therefore, have people got sorted out with Life Insurance before going out to Australia (can you?) or have they left their UK policies going until they have sorted it out Down Under?

Cheers,

Chris
Our life assurance policies with Norwich Union are valid even if we emigrate. I specifically asked them this when I took out the policy. They remain valid as long as we are living in 'safe' countries (europe, oz, usa, canada, et.). If we moved permanently, for example, to Iraq, they would become invalid.

Suggest you call your insurer and ask.

Phil
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Old Sep 18th 2005, 12:50 am
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Default Re: Life Insurance

Originally Posted by PhilShila
If we moved permanently, for example, to Iraq, they would become invalid.
I'm not sure even that would be true, as long as such a move didn't take place immediately after taking out the policy. Depends on what the terms and conditions say.



Jeremy
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Old Sep 18th 2005, 3:42 am
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Default Re: Life Insurance

We, like the other poster have kept all out life insurance policies running from the UK, even critical illness. They are with St James Bank and Nationwide. No problems at all.
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Old Sep 22nd 2005, 11:24 am
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Default Re: Life Insurance

Thanks a lot - I'll check with our insurers.

Chris
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Old Sep 22nd 2005, 3:26 pm
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Default Re: Life Insurance

Originally Posted by JAJ
I'm not sure even that would be true, as long as such a move didn't take place immediately after taking out the policy. Depends on what the terms and conditions say.



Jeremy
The NU policy explicitly states which countries (or continents with list of excluded countries on each continent) it remains valid for should the policyholder migrate.

Phil
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