xpat forums : Permits and Visas and Legal : Life Assurance for expats

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andy Jul 27 2009 03:09 PM
Life Assurance for expats
Hi,

I need to get life assurance cover however, as with bonds, it is not easy without an SA ID. I am moving from the UK to Joburg however because I dont have an SA ID I cant find anyone in SA that will give me life assurance cover because I am not a resident. Also the banks that I have called in the UK will also not cover me because I will not be living in the UK (I would need to be there for at least 6 months of the year).

Does anyone know of a Life Assurance company that will cover me in Johannesburg even though I am not a resident (UK or SA based)?

Thanks,
Andy

RayC May 03 2010 10:19 AM
Hi Andy, I know it's nearly a year on but you may still need this. You can get cover in UK provided that it is with someone providing Global cover and you pay from UK bank account - you probably know that a UK bank account is a necessity to start with. Alternatively, you should be able to get cover in SA once arrived OR if you may go elsewhere in future consider an Off-shore Policy. In any event SEEK INDEPENDENT FINANCIAL ADVICE FOR EX-PATS. Regards
mazgeddes May 20 2010 02:07 PM
Dear Andy

I work with the world's largest private wealth management firm here in Johannesburg and we specialize in providing financial advice to ex-pats like yourself. You're welcome to contact me