Effect of natural life insurance on relocating to a different state within USA?
We bought life insurance couple of years ago and that is still valid for another 20+ years. We are considering moving to a up to date state. Does it affect the life insurance , or do we have to buy a contemporary life insurance ?
Answers:
It doesn't matter if you move to another state. Heck, I've done it several times.
If you're planning on moving out of the country, or have pretty good belief that you might, it needs to be disclosed on the application to make sure you don't hold coverage voided through misrepresentation.
Coverage applicable to staying overseas is very different from your typical domestic policy, which can be obtained from a minimum of 10 days up to a maximum of 2 years.
I suggest you'd better check any health policies you already have outstandingly, very carefully. Find out if your coverage extends to emergency medical services outside the country, what that coverage entail. Source(s): http://www.infospreads.com/articles/467/1/Practical-Expatriate-Insurance-Tips/Page1.html
Once you have the policy it doesn't situation where you move....or whether your occupation changes, condition changes, etc.... All of that only matter prior to getting coverage.
It has no effect.
Related Questions:
Answers:
It doesn't matter if you move to another state. Heck, I've done it several times.
If you're planning on moving out of the country, or have pretty good belief that you might, it needs to be disclosed on the application to make sure you don't hold coverage voided through misrepresentation.
Coverage applicable to staying overseas is very different from your typical domestic policy, which can be obtained from a minimum of 10 days up to a maximum of 2 years.
I suggest you'd better check any health policies you already have outstandingly, very carefully. Find out if your coverage extends to emergency medical services outside the country, what that coverage entail. Source(s): http://www.infospreads.com/articles/467/1/Practical-Expatriate-Insurance-Tips/Page1.html
Once you have the policy it doesn't situation where you move....or whether your occupation changes, condition changes, etc.... All of that only matter prior to getting coverage.
It has no effect.
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