Question 1

Can I keep my life insurance when moving abroad?

Accepted Answer

Many domestic life insurance policies remain valid when you move abroad, but some have exclusions for extended stays outside the country of issue or for certain high-risk destinations. Review your policy terms carefully and notify your insurer about your move. Some policies may require you to maintain a domestic address or bank account.

Question 2

Do expats need international life insurance?

Accepted Answer

International life insurance is recommended if your domestic policy has foreign residency exclusions, if you want coverage denominated in a stable currency, or if you need portability across multiple countries. It is especially important for expats with dependents, mortgages, or business obligations that would need to be covered in the event of death.

Question 3

How much does expat life insurance cost?

Accepted Answer

Expat life insurance premiums for a healthy 35-year-old typically range from $30-$150/month for $250,000 in coverage, depending on the country, plan type (term vs. whole life), and provider. Costs increase significantly with age and health conditions. Smokers and those in high-risk occupations pay substantially more.

Expat Life Insurance Costs