Make Sure you Purchase Disability Insurance When You Work Overseas
Nowadays, apart from safety, what most people are concerned about when considering an offer of employment overseas are the salaries and benefits coverage. According to HSBC’s Expat Explorer survey, more than 35% of expats working in the banking and financial services sector in Hong Kong make more than HKD 1.55 million annually. And according to ECA International’s annual MyExpatriate Market Pay Survey, middle expat managers in Japan earn $375,289 per year on average. An expat professional’s income is one of the most valuable assets, but what if an unfortunate event happens and you lose that income? Disability can occur at any time. In this article, we will discuss the importance of protecting your income while working abroad.