International life cover – is it necessary?

An important aspect to consider when moving abroad is taking out international life cover. International life cover, protects you and your family no matter where you are in the world.

Your existing life cover taken out in your home country, might not be valid, or only cover certain things. The value of the payout once converted to the currency you are using in your new country, may not be sufficient.

Those that have no life cover, need to consider taking it out, especially being in a new country.

Why do I need it you may ask? Is it really that important? Isn’t it just a waste of money?

Life cover isn’t just for immediate expenses but for future expenses too.

  • Your funeral expenses in any country abroad
  • Repatriation costs if your spouse/partner is moving back to your home country
  • Helps pay off any debt such as mortgages and credit cards or loans
  • Could pay for movers if your spouse/partner is selling your house or moving to a smaller place
  • Your children’s future education
  • Pays for children’s care if both parents pass on
  • Could provide a monthly income for your spouse/partner to live comfortable and not worry financially, especially if they are stay home parents/spouses/partners
  • It can provide retirement savings/financial security for your partner/spouse

If you have moved to another country and already have international life cover, when was the last time you reviewed it? Your cover might not be enough anymore.

  • You might have a family now
  • You might have more debt accumulated if you bought a house etc.
  • Consider how your spouse will survive if you pass on. Is the insurance enough to cover their expenses immediately and for life?

“You don’t buy life insurance because you are going to die, but because those you love are going to live.” - Unknown

The purpose of international life cover is to provide you with the peace of mind that your family and loved ones are protected in the event of your premature death, no matter where you live in the world.

Speak to your deVere consultant about taking out international life cover or to review your existing cover. [email protected]


Please note, the above is for education purposes only and does not constitute advice. You should always contact your deVere adviser for a personal consultation.

* No liability can be accepted for any actions taken or refrained from being taken, as a result of reading the above.