Whether your move is for business or pleasure, understanding and predicting future medical needs can be very difficult. If you’re relocating on a fixed contract, you may be fortunate enough to have your insurance provided by your employer — they will likely have a better idea of how much health coverage is required for your stay. Otherwise, seeking out expatriate medical insurance is essential to maintaining your health, safety, and peace of mind.
Even with the ability to relocate nearly anywhere in the world, health and safety risks for expatriates have increased once again with the political unrest in the Middle East, especially with advances made by the terrorist group ISIS. Seeking special risk coverage is a necessity when traveling to countries in conflict. Earlier this year, this coverage has become additionally important for expatriates in some European countries, as the Russia-Ukraine conflict persists. Terrorism is a real danger for expatriates spending their residency in countries such as these.
Many insurance policies for expatriates will exclude war and terrorism-related claims, so it is vital that individual expatriates and their employers secure plans which will cover war and terrorism. More information on global insurance plans to cover expatriates can be obtained at Expat Financial.