Getting Life Insurance when I plan to work/migrate overseas

Hi anon,

​

Life insurance and CI coverage is generally global (other than if you are in sanctioned countries). You will be eligible for a payout even if you eventually move.

​

What you might need to do however is to declare tax residency under CRS (Common reporting standards) if you do indeed move, and also provide a copy of the required documents for claims translated to English (if they are not already in the english language) if the time comes.

​

You aren't wasting money. You are in fact protecting your own future, and the future of your loved ones.

​

Your dreams and their dreams shouldn't have to stop just because something happened to you.

​

Even if you're young and healthy, there's no telling when a health check up uncovers something alarming. At that point, it might be too late.

​

Getting yourself covered is best approached with a preventive mindset, not a reactive one.

Insurance is for your loved ones and dependents.