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Top 5 reasons expatriates are choosing to live in Costa Rica

You’ve taken the plunge and decided to move to a foreign land to pursue your dreams of living an expatriate life. Countless days have been spent trying to decide on the perfect new place to call home, and the decision has finally been made: Costa Rica.

There will surely be obstacles along the way; learning a new language, adapting to new cultures and customs, and developing new social networks. However, these obstacles are no match to the numerous benefits that will come from making the move.

Whether you want to surround yourself with a vast array of volcanoes and waterfalls in the Central Valley, prefer the quiet life on the beach in Tamarindo, or want to live an exciting life of adventures and activities in the Arenal Region, Costa Rica offers a diverse and exciting profile for everyone.

For English speakers looking for work in Costa Rica, available industries are wide-ranging for an expatriate: varying between hospitality, tourism, the arts, sales, sports, and education. With Costa Rica calling your name, read through the top 5 reasons to make the move to this beautiful country.

1. Low Cost of Living

The cost of living in the Costa Rican regions is relatively stable throughout the entire country. Costa Rica is relatively affordable in comparison to most Canadian & American cities, and therefore, more advantageous for incoming expatriates.

On average, a furnished 900sqft apartment will cost ~$750USD per month, and in a more luxurious region can cost up to $1,500/month. Groceries range from $5 for an lb of chicken, $6 for 500gr or cheese, $2 for 2lbs of potatoes and $0.75 for bread. If you are living in a region where transportation is necessary, a bus pass will cost you $ 62/month.

Being an expatriate in a new city, you’ll surely want to explore the town with a few nights out. An average dinner for 2 will cost you about $40, drinks at a downtown bar will be $8 and if you’re in the mood for a fancier night out, a high-end restaurant will be ~$68 for 2.

2. Culture

 

“The happiest country in the world” – Costa Rica has long been given this reputation. Through its energetic and friendly locals, Costa Rica is a sophisticated and proud country. It prides itself on its strong cultural values, which stems from freedom and equality for all, with a rich history incorporating many diverse influences. Costa Rican citizens are very friendly and it is a great country to explore culturally.

3. Safety and Stability

As an expatriate, it is important to know that you will be living in an area that prospers in safety and wellbeing. As one of the longest reigning democratic states in Central America, Costa Rica is known for its safe and stable environment and functional government. While you will want to take normal precautions that you would take while living abroad, most expats will agree that this beautiful country is a safe destination for living abroad.

Costa Rica is also one of the leading Central American counties for a stable and prospering economy. Although deciding to make the move to Costa Rica is one that shouldn’t be taken lightly, you will be able to rest comfortably knowing that you are making the move to a financially stable country.

4. Weather and Environment

If versatility is what you’re looking for, Costa Rica is the best place for you. You can enjoy the beautiful sandy beaches in 30-degree weather, to going off exploring the rainforest and jungle region of the country. With dry and wet seasons, you will still experience the changes of weather, while also enjoying a constant 12 hours of sun a day, all year round.

5. Established Healthcare System

Costa Rica has one of the leading healthcare systems in the region. Most expats will want private healthcare provided by a large global insurance provider. As an expatriate, Costa Rica has the added benefit of offering English Speakers at nearly every major hospital and clinic. However, when making the decision to relocate, it is very important to obtain an international health insurance coverage plan for your extra protection.

At Expat Financial, we provide international healthlifedisability, and travel insurance to expats moving abroad or already living the expat life overseas. Our firm has extensive experience in working with expatriates in need of global health insurance while living in Costa Rica and other Central American countries. Contact us with any questions and obtain a quote online today!

 

 

Should you retire abroad?

Learn About Retiring Abroad – Determining Your “Expatibility,” or Candidacy, for Retiring Abroad

A lot of us wanted to travel abroad while we were younger or were interested in taking time off work to explore and see more of the world. You may or may not have had the chance to see as much of the world as you wanted. But now you nearing retirement. And you always thought you’d travel once your career was complete. Now you are considering going abroad – and staying abroad permanently as a retired expat.

How do you determine if retiring abroad is right for you?

For one thing, going abroad for retirement is an adventure. Another thing is that it may make total financial sense to leave your native country, with costs of living climbing. And it’s never been easier to pull off expat living – with resources at your fingertips around the clock through the easy facilitation of information-sharing online. You can look up what others have done and read about their experiences online, and even connect with them as well.

Determining your expatibility is the most important step to deciding if you should retire abroad.

Here are two steps you can take in order to determine whether you’re a good candidate for this adventurous expat lifestyle.

Step 1. Take a good look at yourself and profile whether you have the personal disposition to retire abroad.
Retiring abroad takes a desire for adventure, yes. But it also means embracing change, difference and meeting difficulties with an open mind. Do you shy away from obstacles that may arise, like language barriers and a different way of life? You should also consider the following disadvantages of moving abroad:

  1. You will not be able to see your friends and family as much
  2. You may have to sell your house and give up health coverage back home
  3. You will have to give up some activities at home which may not be available in your new location – such as skiing if you are moving from Vancouver to Barbados.
  4. Will you have enough money to last for your life no matter how long you live?

Also, are you ready to immerse yourself in a different culture, including the food, the type of dress you’d be donning? If not, then retiring abroad may not be for you. Or you’re not just yet ready to take the leap into expat life at the moment.

Step 2. Ask yourself what you truly need – what are your necessities in life?

What are some things you absolutely can’t live without? Do you need to be able to speak the local language in your new home country or get away with speaking English? Do you have to have the ability to live with very low costs, or peace and quiet, or a car or internet? Evaluating your needs will help you decide if you’re able to live abroad, and where.

Whether or not you decide to retire abroad, and wherever you go, remember that you’re going to need international health coverage as it’s very likely that your domestic plan will NOT cover you during your retirement abroad. Medical expenses incurred abroad can be extremely expensive and as we all know, our health does not improve with age. It will make sense to lock in a global medical insurance plan when you are living abroad from a well known and respected global insurance company, such as the expat health plan we offer from Cigna.

Finding the right international medical insurer is an extremely complex issue. There are many different levels of healthcare around the world, as well as vastly changing local regulations. Therefore, it’s very important to ensure you’ve selected an international health insurance plan that fully protects you and your family. You should also consider a global health plan that will cover you for life as some plans will termiante after you reach age 70 or 75.

Contact Expat Financial for expert advice and to discuss your international insurance needs and requirements.

Why is expat health insurance so important?

Many expats traveling worldwide do not realize that the cost of medical treatment overseas can be extremely expensive. Expat health insurance is a great solution not only to protect you and your family’s well being but also to avoid an impact on your finances. In this article, we will discuss why expat health insurance is important and how to acquire proper coverage.

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Global Multiple Countries Coverage

Many international health insurance plans can cover expats in multiple countries. And the plans usually have many benefits and offer customization that can influence the premium you pay. This is very important for travelers and expatriates living and working overseas. As a foreign national, you and your family members are generally not covered for medical treatment abroad. No matter where you are, or you wish to travel elsewhere for medical treatment, most global medical plans will offer medical coverage all over the world either including or excluding the USA.

Financial Security 

In most of the countries around the world, expats are required to prepay the cost before receiving medical treatment, and some of the medical procedures can be extremely costly. With an adequate expat international health insurance plan, you will be protected from any short and long-term medical expenses including emergency evacuation and repatriation. It will help you avoid the financial risk of uninsured medical costs while living and working overseas. Besides, most of the insurance providers have developed trustworthy medical network centres and medical staff worldwide. This will be able to keep pace with you and your family as your medical needs change. If you wish to be able to seek medical treatment in the United States, you should get the USA coverage option, but this will increase your premium.

Flexible Plan Design

International health insurance is usually easy to adjust to challenges with a variety of individual and family health insurance needs such as life insurance, disability, and more. If you are an employer sending your employee overseas, an international group health benefits plan and insurance solutions will help retain talented employees. Please also read our blog post “The Benefits Of An International Group Insurance Plan.” 

Aid Workers, Missionaries and NGO Organizations

Whether you are traveling overseas for a short missionary assignment, volunteer position or a long-term aid worker assignment, it is vital that you obtain a global travel insurance or expat health plan that will adequately cover your stay overseas.

How To Acquire International Health Insurance 

Expat Financial offers several international health insurance plans for expatriates across much of the world. Our insurers will help provide you with peace of mind during your stay overseas. We are also able to source international health insurance for Non-Governmental Organizations around the world sending aid workers overseas.  The insurance companies that we work with also offer excellent service before and after you purchase your international health insurance plan – our firm can also assist as your independent advocate. If you have special questions about our international medical insurance plans or if you want to discuss your needs and produce a customized quote, please contact us or complete the quote form. The Cigna Global Health Options plan is our most popular international health plan for expatriates.

Learning the local language is crucial for expatriates on overseas assignments

Learning the local language is crucial for expatriates on overseas assignments – Language Tips for Expats

According to a recent survey that was carried out by Rosetta Stone, approximately three-fifths of global mobility experts believe that learning the local language is crucial to a successful expat assignment. Indeed, if an expat employee can communicate with the local business team and partners, then it definitely helps when building the bridge between local business leaders, expats, and the head office. In this article, we will discuss how expats can make learning their host country’s language easier.

Most Spoken Languages in the World

Out of the most popular languages, Chinese Mandarin is often seen as the most important language for expat employees, especially if residing in China, which is one of the largest economies in the world. Other common languages include Spanish, Hindi, Portuguese, French, Arabic, Russian and Japanese. Spanish is the primary language of Central America and South AmericaCuba and parts of the U.S. French is also widely spoken in varies countries, including Canada, Belgium, and Haiti. Arabic is mostly spoken in the Middle East and Egypt. It is the sixth official language of the United Nations. For expatriates planning to live and work abroad, it is recommended to have a working knowledge of your destination’s foreign language. Learning the local language can advance your career by giving you have a much better chance to start a conversation with locals and employees.

How to Learn a Foreign Language

  • Join a language learning group or attend a course: There are usually many language learning groups available in major cities across popular expat host nations. Try to find a local colleague or friend who would be willing to help you learn the language. If you can not find anyone who speaks the language or there are no language learning groups, try to apply and attend a language learning course. Many language learning schools provide modern language teaching techniques and updated learning materials in a small classroom setting. Some of them even offer expat students the chance to take part in local cultural activities. For busy expats, taking private language lessons can be more suitable than taking group lessons. Private language lessons are flexible, with options to specify different fields, such as business communication. Another popular choice is to take an online language learning course, as they are flexible and location independent.
  • Employer-Sponsored: It is recommended that the expat employer provide some language courses both before and during the expat assignment. Even just learning a few words and phrases can help your expat employees better integrate into their new surroundings.
  • Self-studying: Some expats will try to learn a new language themselves by spending a couple of hours each week and using a dictionary to enlarge your vocabulary. According to scientific research, language learning is based on repetition. If you spend some time every day to study the foreign language, you are more likely to grasp it within a few months. A dictionary is a handy tool for you to consult when you are finding the necessary words. Expats can use either an actual dictionary or a translator app. There are also lots of great online courses, such as ones offered by Babel and Rosetta Stone.

  • Immerse yourself in the language: Being immersed in a foreign language means that you are interacting, listening and speaking in the language daily. There are many conversation examples and lessons on Youtube and live stream radio on websites. And these are all free to access. Reading the local language can be very difficult for expats, but try to start with local magazines or newspapers. Read a short article in the beginning, and look up any words that you don’t understand. This will allow you to recognize commonly used words and phrases.
  • Embrace making mistakes: The best way to learn a new language is by practicing. Don’t worry about making mistakes. Focus on the practicing process other than on perfection. The more you speak, the better chance you will get to the ideal level.
  • Learn important vocabulary: One of the most important things about learning a new language is vocabulary. Even if you don’t understand a whole paragraph or a sentence, knowledge about some keywords will help you to understand the general meaning of a conversation. It is better for expats to focus on learning the most common words, and figure out which category of vocabulary is most relevant to you. It is also key to carry the correct vocabulary to assist you in a medical emergency. In the case you do need medical assistance, you want to be able to describe your condition to medical staff.
  • Don’t Forget About Dependents: If you are an expat with a partner or children living abroad, it is also critical to assist them in their new language endeavours. Check if the neighborhood school will provide lessons in the local language, and suggest that your spouse enrolls in some courses as well.

Don’t Forget Your International Health Insurance 

Learning a new language and living abroad is a wonderful experience within reach of you and your family. That new language will assist you should you require medical care from a facility or doctor who doesn’t speak your language. A great medical plan will also provide medical insurance support in all of the major languages. Expat Financial offers several different international health insurance plans for expatriates of any nationality across the world who are about to move abroad or already there. In addition, we offer excellent service before and after you purchase your international health insurance plan. If you have any questions regarding our international medical insurance plans or you want to discuss your needs and produce a customized quote, please contact us or complete the quote form.

Insurance options for companies with only one expat employee

Our firm has worked with many companies and organizations with hundreds and even thousands of employees that have only one or two expatriate employees posted abroad. These firms are not able to adequately cover their expat employee and his or her dependents under their domestic plan and should not try for a variety of reasons. The human resource manager is often faced with a dilemma of where to find adequate insurance for the lone expat employee and may have limited experience or understanding of expat insurance, not to mention no expat insurance contacts. So what is a company or non-profit with only one or two expat employees to do? Let’s learn more.

What to do when you have only one or two expat employees?

Attracting and retaining expat talent for your firm’s global operations is not easy. Finding the right person to help grow your sales or run operations abroad is both challenging and rewarding. If you want to attract the best person for your expat position, it is vital that you offer him or her the best global insurance coverage possible. It may not be easy to match your existing domestic benefit plan coverage for an expat position, but it is possible to gather coverage that will meet your duty of care obligations and adequately cover that employee and any dependents who will also live abroad. There are many insurance coverage requirements if you are hiring an expat employee, but we will deal with the three most important ones: Life, Disability & Global Medical Insurance. Note that all individual policies are medically underwritten, unlike most international group insurance plans, so keep this in mind if you are sending an individual expat abroad. Also, there are significant pitfalls in covering your expat employees on domestic plans in the new country location that we have described in a separate article.

Global Life Insurance for Individual Expat Employees

Your company’s existing domestic benefit plan will most likely offer a multiple of annual income in the local currency, but most expatriates will be paid in USD or Euro and will expect to be covered for 1 or 2 times annual income if he/she should die from an accident or illness. There are not a lot of global life insurance options for individual expats, but our firm does have access to some excellent life insurance plans that can cover most expats around the world. The premiums will, of course, depend on the age, occupation, and location of the employee. An employee being posted to a high-risk country such as Afghanistan will most likely have to obtain Accidental Death & Dismemberment (AD&D) coverage, which may also be an adjunct to the life insurance for some expats in more “safe” countries. The typical plans will exclude war and terrorism, but it may be possible to quote AD&D cover including war risk depending on the location of the policy and employer. Final premiums will depend on the health, age, location, occupation of the employee. Unlike a group plan that we can offer, it is possible that the employee won’t qualify for coverage.

Finally, in regards to that “consultant” that you are hiring or who is only working for you, it may be tempting to have him or her secure insurance coverage on their own, but many companies who employ consultants abroad are taking a risk. That consultant may be viewed as an employee should they only work for your firm and should they become sick, injured, or deseased while being posted abroad, your company may be held responsible regardless.

Expat Disability Insurance for Individual Expat Employees

One of the most important parts of your expat employee responsibilities is securing adequate disability coverage should he or she become sick or have an accident that will make it impossible for him or her to work. However, global disability coverage is often not secured by expat employers, and domestic workers compensation plans will generally not extend beyond the national borders. Unfortunately, the risk of a disability is extremely high for most persons under age 65, and this represents a huge liability and risk for both the employer and employee. Part of your duty of care is to help the employee secure global disability coverage. Expat Financial offers an excellent individual expat disability insurance plan from William Russell that can provide income protection after 3 or 6 months waiting period. The longer the waiting period, the lower the premium. We can secure individual short-term disability, but this can easily be self-insured by most employers. A long-term disability can not.

Individual International Health Insurance Options for Expat Employers

Many expat employers will have their domestic employees covered by private or public health insurance schemes or a combination of the two. However, most human resource professionals and their advisors will have limited, or no experience in the unique challenges associated with covering expat employees posted abroad with or without their family members. Some will keep the employee on the domestic health plan which almost certainly will not adequately cover the employee overseas to save costs or merely a lack of understanding of the domestic policy and requirements for healthcare while living abroad.

That is why it is vital for HR professionals to provide a comprehensive international health insurance coverage that will meet your duty of care and other employment responsibilities. We have seen too many expat employers ask the employee to obtain his or her health coverage on his or her own, but you as the employer will be responsible should that coverage not be adequate. This can lead to a failed expat assignment, large unfunded medical claim or your prospective expat employee seeks a job with another employer. If the expat employer has more than 2 or 3 employees, Expat Financial can probably source a group plan, but under three most expat employers will want to secure an individual plan for that expat employee.

Most global medical insurance plans will cover hospital, out-patient care, wellness and evacuation & repatriation. Some expat employers will also want to secure dental and vision coverage. If the employee has a spouse who may become pregnant, it is vital that you include full maternity coverage – however individual plans will have a 9 or 12 month waiting period. While it may be tempting to obtain the least expensive plan, you do get what you pay for, and we recommend that expat employers secure the best possible coverage with or without a deductible to help lower the premiums. As noted above, the employee or their dependent’s health may impact the approval or coverage that is secured. Rates will depend on the ages, citizenships, health statuses, plan options, deductibles and country location of the expat employee and any dependents. Most American expats will want a plan that adequately covers treatment in the USA, but this will mean a higher premium. If you have an expat employee posted in the USA or a nearby region, you will want to make sure it covers treatment in the United States. We have an excellent global health plan from Cigna where you or your employee can get a quote and even apply or expat health insurance.

Obtaining Individual Expat Insurance for that Lone Expat Employee

While you may want to turn to your domestic consulting firm or broker for the above coverage, it is very likely his or her firm will have insufficient experience in global life, disability, and health insurance – this is even the case with the large insurance consulting houses. Like most things in life, it pays to talk to an expat specialist firm, and that is where Expat Financial and its parent company TFG Global can be of assistance in understanding your organization’s international insurance requirements. Additionally, we do not charge a consulting fee as we are compensated by the insurer with the same rates regardless. We also have long established insurance provider relationships and excellent service and support. We may be able to assist on other insurance matters related to your expat employees, such as kidnap & ransom and even business travel insurance for domestic employees who travel abroad. To learn more, contact us today if you are sending one, two or a hundred expat employees overseas to expand your global fortunes. We look forward to being part of your international relocation efforts.

expatriate employee insurance

Top seven global insurance considerations before sending expat employees overseas

More and more multinational companies are opening offices around the world, including in regions such as Asia, Africa, Europe, the Caribbean and South America. While working and living abroad can be an exciting opportunity for expat employees, expat employers have a fiduciary responsibility to provide adequately protect their expat employees and achieve a successful expat assignment – this includes purchasing global medical coverage. In this article, we will discuss the top seven global insurance considerations you should consider before sending employees on overseas assignments.

Coverage – Local or International Coverage

In many countries with limited or no local health insurance coverage or health infrastructure, an expat employer should put their expat employees on an international expat group insurance plan. A local plan is designed for local coverage and does not provide the portability that most expat employees require. A proper international health benefit plan will provide medical coverage each time an expat employee is moved from one country to another without having to change plans, apply for new coverage or satisfy a new waiting period. Furthermore, in some nations where local health benefits coverage may be available, most expatriate employees will want to use a major stable currency instead of local currency when dealing with insurance claims. Therefore, obtaining a global international expat group insurance plan is very important before relocating to a new country or destination. Local plans are great for locals but are typically unsuitable for expats.

Special Risk Insurance 

Many companies are exploring new markets and resources in areas with unstable local governments or conflicts, which are often considered to be high-risk countries. The potential damages and costs caused by acts of war, terrorism and kidnapping are traumatic and can be very high for employers.

If your company or organization is operating in high-risk zones, it is critical to source full coverage for war and terrorism risks, kidnap and ransom insurance for expatriate employees.

Medical Emergency Evacuation

Medical emergency evacuation insurance plan is also critical for any expat employees working abroad, especially if residing in a region with limited medical facilities or health clinics that are not up to western standards. However, even while living in a highly developed country, medical evacuation may also be required. For example, if you are residing in a remote region of the nation and need an air ambulance.

When your employees are posted overseas and experience a medical emergency that can’t be addressed in the host country, it is critical that your organization have a comprehensive evacuation insurance plan. Most expatriate group health insurance plans will provide emergency evacuation and repatriation as an option or include it as a standard benefit. Note that a medical evacuation must be approved and coordinated by the health insurance company. Most group plans will include evacuation as an optional benefit.

Will the Health Insurance Plan Cover Pre-existing Medical Conditions?

A pre-existing medical condition relates to a medical condition that existed before an insurance company takes on the risk of an insured, sometimes known or even unknown to the employee. If an expat develops an illness later on it may be recognized as a pre-existing condition when trying to obtain health coverage. For example, you may have an employee who has high blood pressure, diabetes or a skin disorder.

Most expat employers may not aware of the cost of the treatment of chronic diseases for expatriate employees overseas can be very high. It usually requires medical treatment to cover ongoing health needs. Individual expat health and life insurance plans have to be medically underwritten, and employees who are under separate individual plans may have restricted coverage, exclusions or may even be declined when applying pre-existing medical coverage. On the other hand, a group international benefit plan can usually offer full coverage for pre-existing medical conditions because the risk is shared among healthy and unhealthy employees and their dependents. We will often recommend to our group clients that they purchase a plan that fully covers pre-existing medical conditions.

Health Insurance Plan Administration

A tailored international group insurance plan provides simple administration platform for your HR department. It can provide for the instant communication online between employees, insurance company and HR administrators. This is especially convenient for highly mobile expat employees. It is imperative for your expat employees to move from one country to another without worrying to switch from one local health insurance plan to another. Subsequently, it is essential that HR managers consider a plan that has excellent plan administration when choosing a global medical plan.

Seeking Advice from an Experienced Broker

It never makes sense to obtain global medical coverage for your employees on your own, as your HR manager will not have the necessary experience, training, knowledge or global insurance contacts that are required for your expanding expat population. Expat Financial, a division of TFG Global Insurance Solutions Ltd., can source international group insurance plans from a variety of large and respected insurance companies for multinational companiesNon-government Organizations, non-profits, governments and international schools. We work on your behalf to source the best possible quotes and assist you once a plan is put in place – both at renewal and throughout the life of the policy.

In addition to medical and evac, we can source coverage for disability, AD&D, Life Insurance, EAP and dental. Our company is very used to working with companies and aid groups which operate in high-risk countries such as Democratic Republic of CongoIraqAfghanistanNigeriaSouth SudanEritreaSomalia and Yemen. The plans that we can source can provide full coverage for war and terrorism risks.

Individual Plans for your Expat Employees

For companies with less than three expatriate employees or individual expatriates, we can also source individual International Health Insurance Protection as well as individual expat life and disability plans. Note that individual plans have to be medically underwritten, so final coverage, rates and coverage will be subject to medical underwriters at the insurance company. To find out more, contact Expat Financial to discuss your organization’s requirements and obtain quotes from the market. Read more about our group expat insurance plans on our corporate page.

 

The impact of noncommunicable chronic diseases for expats

How the Global Impact of Chronic Conditions is Impacting Expatriates

Recently, Cigna has released a study on the global epidemic of noncommunicable chronic diseases and held a seminar for their brokers and clients. The study examined the situation of noncommunicable chronic diseases around the world and provided excellent suggestions for prevention. According to the World Health Organization (WHO), a noncommunicable chronic disease is characterized by a long duration and generally slow progression. These conditions are becoming more commonplace for local nationals and even expats. The widespread nature of chronic diseases is putting expatriates’ health at risk. In this article, we will discuss the main types of chronic diseases based on Cigna’s research and advice for expatriate communities from expatriate health insurance professional perspective.

The Global Epidemic of Chronic Disease is Increasing 

As stated by Cigna’s study, noncommunicable diseases account for six in ten deaths worldwide. Major noncommunicable chronic diseases usually refer to diabetes, cardiovascular diseases and cancer. According to Cigna’s report, approximately 19% of the American have diabetes, and the figure rises up to 30% in the Middle East, while just over 30% of Chinese have some form of diabetes. This is the leading cause of kidney failure, blindness, heart diseases, stroke and death.

The rates of obesity in adults and children are increasing globally. And in some parts of the world, the situation is getting worse. Obesity is another cause of cardiovascular diseases due to the force of the heart to push around a greater volume of blood, which easily causes high blood pressure. Scientists predict by 2025, one in five of the population will suffer from obesity; 36.5% of adults are considered obese, according to Cigna’s report.

How to Prevent from Noncommunicable Chronic Diseases as an Expat? 

According to the WHO), most chronic diseases are caused by three major risk factors: an unhealthy diet, lack of exercise and use of tobacco. Many expats working abroad often do not have the time to eat healthy foods or exercise and may be surrounded by fast food restaurants, vending machines and food trucks. However, building a healthy diet is crucial for your health when living and working abroad. When shopping at grocery stores, make sure to cut the high-sugar and high-carbohydrate food from your shopping list. Replace them with vegetables, fruits, fish, eggs and other healthy choices based on your eating schedule.

Regular exercise is good for your body, both physically and mentally. However, expats may find hard to rebuild an exercise routine when working and living abroad. Many expats may live in cities with few exercise options or very extreme climates or in areas with bad security. Often the easiest way to start exercising is practicing yoga at home or purchasing an exercise machine. Expats should develop a personal exercise routine and live an active lifestyle.

International Health Insurance is Critical for Expats Worldwide 

Most expat employers may not aware that the cost to treat chronic diseases for expatriate employees overseas can be very high. It usually requires a specific plan to cover ongoing health needs. If an expat develops an illness later on it may be recognized as a pre-existing condition when trying to obtain health coverage. A global benefit plan can offer full coverage for pre-existing medical conditions to avoid claims being denied or coverage being restricted for expat employees.

Expat Financial is able to offer flexible international expat group insurance plans in most regions around the globe:  Africa, Europe, Asia, Middle East, North America, South America, Caribbean, Oceania, Central America, and all major cities in the world. Expat Financial can also offer international health insurance plans for individual expatriates that may be able to cover some existing chronic conditions depending on their severity and subject to underwriter approval. Our International health insurance plan provides day-patient care and full hospital coverage, extensive cancer coverage, maternity and baby care (conditions may apply), dental & vision care and international medical evacuation and repatriation. This is especially important for expats going to visit rural areas in some less developed countries.

If you have questions about international medical insurance plans we offer to individual expats or your company requires a global expatriate group insurance plan, please contact us or complete the quote form. We look forward to hearing from you.