Now that I have my flight to the US booked (28th December- yay!), I would like to organise a few final considerations.
Primarily, I would like to take out a UK based life insurance policy, and so I would be very grateful for any insights into this process or peoples experiences with regards to expatriate life insurance.
A few quick facts:
- I am 25-30years of age,
- male,
- non-smoker,
- medical record includes sporting related injuries, but I'm fit and healthy.
I will be joining a large financial services company in the US, and from memory they offer a comprehensive life/medical insurance policy (will be confirmed, when I receive the final paperwork, etc.), however, I would like to take out a UK based policy, whereby my parents(UK) would be the sole beneficiaries. Which I expect would simplify the process for them, should something happen to me before/during their retirement.
I intend to maintain at least one UK based bank account.
This would be my first LI policy, and so, I would be grateful for any suggestions and feedback