Expats covered by 33% of UK insurers

clock

British expatriates can get life insurance products from 33% of UK insurers, a survey by Unusual Risks has found.

The survey of UK life insurers asked if they offered products to Britons who spend more than six months of the year abroad - finding 8% offering critical illness in certain circumstances.

Among insurers who would consider applications from British Expats, several had rules about the maximum number of years an applicant can spend outside the UK.

As the majority of expatriates cannot confirm how long they will be outside the UK, this means that many providers' products would be unsuitable.

Chris Morgan, lead financial adviser of Unusual Risks, said: "Obtaining life assurance and critical illness cover for British Expatriates living abroad continues to be extremely difficult, with only a limited number of UK Life Assurance Companies now prepared to offer cover to applicants.

"Many of UK iInsurance companies require an applicant to be resident in the UK for at least six months of the year'.

"There are many groups of British Expatriates that have genuine reasons for needing a UK based life assurance plan, such as those with property interests, outstanding mortgages or tax interests in the UK.

"We have also met British Expatriates who require life assurance to protect family members and financial dependents still resident in the United Kingdom."

Further Reading:

How far will your client's life policy take them?

Substantial growth in interest for IP and CI among HIV positive people

UK firms employ nearly 5m abroad - Jelf

More on Insurer

BHSF joins amii

BHSF joins amii

New corporate member

Cameron Roberts
clock 11 July 2025 • 1 min read
Life insurance premium growth to drop to 1% in 2025

Life insurance premium growth to drop to 1% in 2025

Swiss Re research

Cameron Roberts
clock 09 July 2025 • 1 min read
ABI reports impact of Covid-19 Support Fund

ABI reports impact of Covid-19 Support Fund

£104 million in donations

Cameron Roberts
clock 09 July 2025 • 1 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read