Life and critical illness cover with UK provider
Hi all,
i'm sure many would have come across this situation but i have several life and critical illness policies with UK companies and obviously want to be sure that coverage is still valid if moving abroad. My immigration attorney is under the impression that they would still be operative as long as monthly payments continue to be fed from a UK bank account. Before i call them and set the cat amongst the pigeons, i just wanted to reach out to see if anyone has left them running whilst abroad? Many thanks Mic |
Re: Life and critical illness cover with UK provider
Originally Posted by Mic1
(Post 13042350)
Hi all,
i'm sure many would have come across this situation but i have several life and critical illness policies with UK companies and obviously want to be sure that coverage is still valid if moving abroad. My immigration attorney is under the impression that they would still be operative as long as monthly payments continue to be fed from a UK bank account. Before i call them and set the cat amongst the pigeons, i just wanted to reach out to see if anyone has left them running whilst abroad? Many thanks Mic |
Re: Life and critical illness cover with UK provider
Originally Posted by Mic1
(Post 13042350)
Hi all,
i'm sure many would have come across this situation but i have several life and critical illness policies with UK companies and obviously want to be sure that coverage is still valid if moving abroad. My immigration attorney is under the impression that they would still be operative as long as monthly payments continue to be fed from a UK bank account. Before i call them and set the cat amongst the pigeons, i just wanted to reach out to see if anyone has left them running whilst abroad? Many thanks Mic |
Re: Life and critical illness cover with UK provider
I'm with Legal & General. They were happy to continue cover as long as payment continues to be made from UK bank account. Simply gave them my new US address and they sent me written confirmation. Job done.
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Re: Life and critical illness cover with UK provider
Originally Posted by Winston_the_Great_Dane
(Post 13042368)
I'm with Legal & General. They were happy to continue cover as long as payment continues to be made from UK bank account. Simply gave them my new US address and they sent me written confirmation. Job done.
|
Re: Life and critical illness cover with UK provider
Originally Posted by Winston_the_Great_Dane
(Post 13042368)
I'm with Legal & General. They were happy to continue cover as long as payment continues to be made from UK bank account. Simply gave them my new US address and they sent me written confirmation. Job done.
|
Re: Life and critical illness cover with UK provider
Originally Posted by christmasoompa
(Post 13042369)
Interesting, they've told me the opposite. I guess their policy on it must have changed, hence why the OP needs to check their own provider's requirements very carefully.
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Re: Life and critical illness cover with UK provider
Thanks everyone.
I'll now check tomorrow and FYI, post what they say. Mic |
Re: Life and critical illness cover with UK provider
Originally Posted by celticgrid
(Post 13042379)
Substitute "Aviva" for "Legal & General" and you have described our experience. No problems at all just continuing with the existing policy.
As an aside, it’s been a useful way of ensuring my UK bank account has regular transactions, to stop it being accidentally closed through inactivity. |
Re: Life and critical illness cover with UK provider
Originally Posted by Winston_the_Great_Dane
(Post 13042403)
Not sure, when you asked, but I did this within the last 2 years, potentially within the last 18 months (had spare time during COVID furlough)
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Re: Life and critical illness cover with UK provider
As promised, Scottish Widows are fine with maintaining the policy regardless of the policy holders' whereabouts, as long as the premiums come from a UK bank account.
Just waiting for Aviva to confirm. |
Re: Life and critical illness cover with UK provider
Originally Posted by christmasoompa
(Post 13042453)
About 2 months ago. :)
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Re: Life and critical illness cover with UK provider
Okay, now have it in writing that both Aviva and Scottish Widows allow policies to remain as long as the premiums come from a UK bank account. The only difference between the 2 was that once i move, i can't increase/decrease the level of cover with Aviva. The lady at Aviva seemed very knowledgeable on the matter and said that as far as she was aware, all companies now operate in the same way. I mentioned Legal and General's stance and she was extremely surprised.
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Re: Life and critical illness cover with UK provider
Originally Posted by Mic1
(Post 13042753)
As promised, Scottish Widows are fine with maintaining the policy regardless of the policy holders' whereabouts, as long as the premiums come from a UK bank account.
Just waiting for Aviva to confirm. |
Re: Life and critical illness cover with UK provider
Originally Posted by tht
(Post 13043608)
while I don’t doubt they are OK with the US, I am guessing there would be a list of countries that they would not cover you moving to.. the risk profile in the US or EU has got to be different to say Afghanistan….
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