Does My Life Insurance Work If I Am Abroad?

If you like to travel, you may have asked yourself this question: is my life insurance international? Don’t worry: it doesn’t matter if something happens to you in a country other than yours, it covers you in the event of death wherever it may be.

International life insurance, for travelers and professionals

Life insurance is international, that is, it covers you in any country in the world. It does not matter if you hire it in the United States and something happens to you during a vacation abroad: you will not lose any coverage. The only thing you must bear in mind is that, to hire it, you have to be a resident of the United States. Therefore, if you already have it and you are going to leave for a long time, it is best to inform your company to find out if there is a problem.

The importance of repatriation

If you travel a lot, one of the coverages that may interest you in your life insurance is repatriation. If something were to happen to you, your family would have to bear great expenses to bring you back home. However, there is life insurance that includes this cost, because your loved ones do not need more worries.

Are there cases in which life insurance will not cover me?

In general, these policies cover death (also disability, if you hire it) as long as it is due to natural causes, accident or illness. There are hardly any cases in which there may be problems with the collection of compensation if you are abroad, but it is convenient that you know them:

• If you travel to another country to practice extreme sports. The practice of dangerous activities is a factor that raises the price of policies. There will even be companies that do not allow you to contract insurance with them. In these cases, it is best to consult your current policy or, if you want to hire one, ask our experts for advice.
  
  
• If the death occurs during a military conflict. If you have a risk profession that forces you to face this possibility (for example, the military), it is best to consult with professionals in the sector for advice.

Who are the main beneficiaries of international coverage?

• Los más aventureros
  Si te gusta conocer otros países y empaparte de nuevas culturas, es posible que pases mucho tiempo fuera de casa. Sin embargo, ni siquiera las vacaciones nos aseguran que no nos vaya a ocurrir nada. Especialmente pensado para esos casos, el seguro de vida tiene cobertura internacional. Si sufres un accidente mientras estás en otro país, tus beneficiarios recibirán la indemnización de igual forma que si hubieras estado en casa.

• Those who travel a lot for work, There are professionals who, by definition, have to be constantly traveling. They may work one week from Los Angeles and another from Paris. Despite this, it doesn’t matter where you are: if necessary, life insurance still covers you. In these cases, the most common is that it is the company that protects its employees with group life insurance. They are policies that cover the entire company (or several employees). If your company sends you to another country to work, tell them about the tax advantages that it can bring to both of you.
  
  It is important to highlight, at this point, the case of workers who travel a lot by road. A trucker on international routes, for example, faces a greater risk than a person taking a plane. For those who use the car a lot, the best advice is to check which policies include triple capital in the event of a traffic accident. This coverage means that, if you die on the road, your family receives three times the money you had contracted.

Protection for your family from anywhere

In short, risk life insurance is a product specially designed to look after you and yours. No matter where life, work or vacation takes you: you will always be protected. The most important thing when hiring one of these products is to know all its characteristics. You already know that life insurance has international coverage; Contact UWORLD INSURANCE GROUP and we will advise you with any questions you may have.

Read More: 7 Myths And The Truths Of Having Life Insurance