Can I get life insurance cover as an overseas resident?
If you are living in Australia as a non-resident, your ability to access life insurance and income protection cover will depend on a number of factors.
Firstly, any Australian life insurance provider will look at the type of visa you currently hold. Different providers will have different visa requirements that need to be met in order to grant you access to cover. Your visa may or may not be sufficient for a particular insurance company to provide cover.
You will also be required to disclose information regarding any future travel plans you may have, as well as any intentions you have of becoming a permanent Australian resident in the near future.
If you would like more information on life insurance options for overseas residents, give our qualified insurance consultants a call on 13 LIFE (13 54 33). Our team can help answer your questions and also provide a comparison of policies from leading life insurers in Australia, keeping in mind your current visa and residency status.