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Life Insurance Cover Is Not The Only Benefit Included In An Expat Health Protection Plan

Any SE Asia expat who is looking to secure their lifestyle and provide for their dependents in the event of their death would be very wise indeed to take out a protection plan that includes expat life insurance cover.

This type of policy is not the same as medical insurance cover although it does come under the health insurance umbrella.


The two strands to such a policy are: Income protection insurance:

An SE Asia expat who takes the sensible step of taking out a protection plan is giving themselves complete peace of mind that their existing lifestyle can be maintained.

It means that in the event they are unable to work due to the development of a major medical condition or they suffer serious injury, they are guaranteed that a large percentage of their monthly salary will be paid until:

  • They are able to return to work

  • They reach the age of 65

  • Their death

Note: Whichever comes sooner.

Life insurance cover:

When considering expat life insurance cover, a SE Asia expat may well find it called “term insurance”.


The basis of such cover is that in the event of the insured’s death a pre-designated beneficiary will receive a lump sum payment. By putting such cover in place, you are providing for, and helping to secure the future of your designated beneficiaries.

Where to seek advice on expat life insurance cover:

Any SE Asia expat looking to implement life insurance cover needs to fully understand the implications, terms, conditions and benefits such a policy offers.

This can be achieved by trawling through the health insurance providers offering expat life insurance cover and then making comparisons, but there is an easier route.


This is making use of an experienced expat health insurance broker in the region. Availing of such a service will ensure you receive the most appropriate policy for your situation and one that will meet your dependents needs in the event of your death.


A well-respected health insurance broker will ‘walk you through’ every stage of application and offer a full explanation of the policy itself, its benefits, term of cover and regular premium payments you will need to make.

Questions to ask:

It will only be natural for an SE Asia expat to ask standard questions relating to any expat life insurance policy. These will cover general aspects such as age restrictions, health requirements (if any), term of policy and benefits.


As questions come to mind you should not hesitate to raise them, but 4 important points that should not be overlooked are:

  • Portability: You and your dependents may well be comfortable and content in SE Asia for the time-being, but there may be a possibility that you will move from one country to another. If this is a possibility or you wish to take it into account then make sure the policy you choose is fully portable. i.e. its validity will remain even if you relocate to another country.

  • Proof of home country return: Some policies insert a clause stating that an SE Asia expat will need to prove their intention of returning to their home country at some time in the future. If you have no plans to do so, then such a clause in an expat life insurance policy means this cover is not for you. What is required is life insurance cover that is truly “International”.

  • Beneficiary claims: Does the named beneficiary need to return to your home country in order to claim the lump sum benefits? For those SE Asia expats married to local citizens this will generally not be something they desire to do.

  • Currency payments: Understand the options on which currency you can pay your premiums in and currency options for any benefits received.


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Originally published: https://www.expatbyexpat.com

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