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Insurance for Expats Living in the Philippines

July 23rd, 2014 · 3 Comments

Living and retiring in the Philippines is a dream come true for some. With pristine beaches and all the other perks of nature and man-made establishments accessible at a very low cost, the country becomes irresistible for prospective expatriates. That is why a lot of foreigners are biting the country’s many allures. They move in and discover another brand of living apart from what they grew up with.

Before settling down to any country, the Philippines included, an expat must ensure that all the factors that will affect his quality of life are fulfilled. One good way to start is to avail of an insurance plan.

International insurance companies are mostly the option of foreigners looking to settle down in the Philippines. As local insurances are geared to secure the locals, they do not usually have time to focus on expats. That is why the international insurance industry is in full force. It is very much ready to take on every concern of an expat covered to keep him protected and secure in a foreign country.

The cost of living in the Philippines may be cheap, but still expats need to spend for it. The role of insurances in this case is to serve as a security blanket when certain incidents ask for it. Always make allowances to pay for your insurance. Imagine how much they will mean for you in the future.

The most important kind of insurance that you need to apply before taking the leap of settling down completely in the Philippines is intended for health care expenses. Expats are mostly prone to the common sickness, especially at the early stage of their stay due to the change in weather and surroundings. Every once in a while, you will need to undergo medical check-ups that will ensure your body is adjusting well to the Filipino lifestyle. In case of accidents that will require hospital confinement, insurance could also mean a big deal.

The other important insurance plans that you need to avail as an expat in the Philippines include those that are intended to take care of your properties. Car and home insurance are a great help in keeping your worries in check.

Before thinking about moving in to another country like the Philippines, make sure that you have thought about it thoroughly. Study your options well in terms of comfort living and for sure, you will never go wrong. Ideally, go around the country as a visitor first so you could look through the opportunities at bay. If you liked what you saw and felt, then it is time to take the leap.

Tags: Expats

3 responses so far ↓

  • 1 li // Feb 10, 2010 at 7:45 am

    please let me know where can i find an insurance for the house that covers fire and calamity.
    thanks

  • 2 joseph ventura // May 15, 2010 at 4:25 am

    Iwill need expat heath insurance,for my retirment in the suburbs of Meto Minilla

  • 3 david jones // Sep 18, 2011 at 5:54 pm

    I have lived in the Philippiigan citynes in Pasig city, Cebu city and Iligan city. I enjoy all aspects of Ph life including eating at roadside bbq. I am married to a Filipina and am in the happiest stage of my life ever

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