Unusual Risks were recently approached by Patricia (Aged 54) and Paul (Aged 56) who are currently living in Mallorca, Spain …
They are both working part time and enjoying their semi-retirement in the sun. Although they have lived between Spain and the United Kingdom for a while and are contented with their lifestyle, they have one financial concern for which they had not managed to find the right solution.
Both are concerned about what would happen with regards to their funeral expenses and repatriation to the United Kingdom should they die. They both have family back in the United Kingdom that would have to make arrangements on their behalf and they want to make sure there is enough money if anything should happen.
Both Patricia and Paul had discussed this and had decided that they would prefer a UK Life Assurance policy, but had found it difficult to get UK insurance because of the time they spend in Mallorca. They had tried a number of different Insurance Companies, but all they had been offered so far was a Term Assurance for a maximum of 10 years.
In this case we arranged Whole of Life Assurance for each of them with enough money to pay for any funeral, repatriation costs and also enough to repay a small outstanding car loan. We introduced them to a large UK Insurance Company, who were friendly towards their current residential status.
Visit www.expatriatelifeassurance.co.uk for our free British Expatriate Life Assurance Factsheet
If you require more information on Life Insurance, Life Assurance, or Critical Illness Cover for British Expatriates living abroad you can contact Unusual Risks Mortgage & Insurance Services on UK 0845 474 3075 or International +44 1404 45397, email at Enquiries@unusualrisks.co.uk or web at http://www.expatriatelifeassurance.co.uk
PLEASE NOTE* All applicants should be able to offer some form of interest in the United Kingdom such as a UK Property Address. All policies are arranged through leading UK Insurance Companies who collect the premiums from a UK Bank Account.