Protect your family finances
easyexpat
11 June, 2009 11:22
Article sponsored by William Russell
By Nigel Harris, Chief Executive Asia Pacific, William Russell Limited
No one likes to think about accidents and emergencies, but when you are living overseas with your family it is absolutely essential to have secure insurance arrangements in place to protect yourself, your partner and children if something untoward happens. Nigel Harris, Chief Executive Asia Pacific at international expatriate insurance specialist, William Russell, looks at the products and services that are available to protect your family when the unexpected strikes.
Malaysia is an exciting place to live, offering expatriates an excellent lifestyle, vibrant culture and welcoming home away from home. Like any country however its social services are geared to the needs of the local population and as a result the welfare safety-net may provide expat families with a different level of protection against life’s emergencies than they would expect in their home country.
It may be that you are living in the centre of KL, or in more remote parts of the country; perhaps your children are at school in Malaysia while your work takes you further afield. Whatever your personal circumstances, it’s essential to make sure that you have the right insurance products in place to provide you with the level of protection you need to match your lifestyle. These fall into three main areas, international private medical insurance to give you and your family fast access to the highest levels of medical treatment wherever you are in the region, income protection to replace your salary if you find yourself unable to work for whatever reason and life insurance to protect your family’s finances if the unthinkable happens and you’re no longer there to provide for them. (More)
