Moving Abroad With Life Insurance

Moving abroad: at Bequest, you can live in Antarctica and we'd still cover you!

According to a report by the BBC, an estimated 5.5 million British people live permanently abroad. With numbers like that, you may just find a fellow Brit in your new home country!

If you’re planning to move abroad, you may want to double check your life insurance policy documents. Some companies only offer cover to permanent residents in the UK, which means if you passed away while living outside the country, your policy may be considered invalid. That’s why it’s important to know exactly what your policy covers.

Several life insurance providers are happy to continue to offer you life insurance while you’re living abroad, especially if you plan on returning. They understand that you may not have known you’d move abroad when you first took the policy out. If you’re unsure about what your policy covers, speak to your provider.

At Bequest, we require payment from a UK bank account. This means that as long as you have a bank account in the UK with funds, you could be living in Antarctica 🐧 and we would still cover you.

What can invalidate my life insurance policy when I move abroad?

At the end of the day, it’s up to your insurance provider whether they want to continue to insure you or not. There are several factors that go into the consideration of continuing your existing cover when moving abroad. These include things like:

  • 📆 how long you’re going to be away: generally speaking, shorter periods of time (6 months or less) aren’t as much of an issue
  • 🌍 where you’re going: insurance companies are far less likely to continue your coverage if you’re moving to what they deem ‘high-risk’ areas.
  • ⛷ what you’ll be doing abroad: different jobs come with different risks, so insurance companies will want to know exactly what you plan on doing in your new country of residence — including new hobbies!

If you already have an existing policy, and were upfront and honest about everything when you got it, chances are it will still continue to cover you — provided you continue to stay up to date with the payments. However, it’s incredibly important to check your plan documentation for specific details and any exclusions that may apply.

To keep your policy valid, keep the following in mind:

Many life insurance companies (Bequest included as mentioned above) require premiums to be paid from a UK bank account. This means that you need to ensure that you keep one open, and that there’s enough 💷 in it each month to pay the premiums. Depending on your insurance provider, they may even require proof of a UK address 🏡🇬🇧 in order for your policy to remain valid.

What do I need to change about my policy?

It’s a good idea to have a read over and update your policy every once in a while — and that applies whether you’ve moved abroad or not. If your employment, marital, or homeownership status has changed, you need to update not only your will, but also your life insurance policy. Did you know that you make changes to your life insurance policy with Bequest? 🪄 We believe that it should be able to change as life changes.

How can my move affect my coverage?

Even if your insurance company chooses to continue to insure you while you’re living abroad, you need to be aware that your change of jurisdiction may have an effect on the laws regarding your death. This may change the amount of inheritance tax to be paid on your estate. It’s best to plan ahead and make sure you know exactly what your term insurance covers, and what moving abroad does to it.


If you don’t have term insurance yet, it’s probably time to start thinking about it. Life insurance is about so much more than death. At Bequest, we make the process easy and straightforward. Not sure how much coverage you need? Check out our article: How Much Life Insurance Cover Do I Need?. If you have further questions, reach out to us via the support chat, or send us an email: alexa@bequest.com. We’re here to help! 💛

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FF Bequest Limited, trading as Bequest, is authorised and regulated by the Financial Conduct Authority with firm reference number 923791. You can check our authorisation on the FCA Financial Services Register by visiting the following website: register.fca.org.uk . We are registered in England and Wales, Registered office address: Founders Factory, Northcliffe House, London, United Kingdom, W8 5EH. Company Number 12367897.

Regulated by the Information Commissioner's Office (ICO) [ZA662891]. "Bequest" is trademark protected by FF Bequest Limited (UK00003452648). FF Bequest Limited is registered in England and Wales, No 12367897.

0203 916 5433

FF Bequest Limited, trading as Bequest, is authorised and regulated by the Financial Conduct Authority with firm reference number 923791. You can check our authorisation on the FCA Financial Services Register by visiting the following website: register.fca.org.uk . We are registered in England and Wales, Registered office address: Founders Factory, Northcliffe House, London, United Kingdom, W8 5EH. Company Number 12367897.

Regulated by the Information Commissioner's Office (ICO) [ZA662891]. "Bequest" is trademark protected by FF Bequest Limited (UK00003452648). FF Bequest Limited is registered in England and Wales, No 12367897.

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