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Does life insurance cover me if I live abroad?

Spaniards are increasingly traveling abroad, whether for work or leisure reasons. Trips that, in addition, have more and more distant destinations. Given this reality, it is important to be very clear about the coverage of different insurances such as health and, of course, life.

Just as we are clear that this coverage exists in Spain, it is important to determine if it is the same abroad. As a general rule, these coverages are the same anywhere in the world, but some limitations must be taken into account.

Life Insurance: coverage abroad

In the first place, we may have limitations if circumstances arise in the destination country that our Eye med insurance excludes, as is the case with political or military conflicts.

Another limitation derives from the activities that we can have abroad, often related to extreme sports. All this should force us to study our insurance coverage very well.

There is another restriction not derived from the coverage, but due to its contracting. To take out insurance in Spain, you must be a resident in our country, which means living more than 180 days within our borders unless an agreement is reached with the insurer. For all this, if we are going to live outside our country for a long time and we have contracted life insurance, it is recommended that we contact and inform our insurance company and verify both the validity and the coverage.

If we did not have coverage abroad, it is important to cover it. The normal thing is that if the transfer is made for work reasons, your company takes care of the life cover by taking out insurance for the expatriate worker.

repatriation expenses

One of the coverages that may be more important is repatriation expenses. In the general review of the coverage, you should pay special attention to it and check if your life insurance has repatriation coverage, which would avoid facing these expenses.

Yes, it is necessary to differentiate this type of coverage from that of deaths that are the ones that cover the expenses of the funeral, whether they are in Spain or abroad.

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