life insurance from UK does it payout in Malta?

Check your policy but if you continue to pay the premiums it should still cover you , things like critical illness etc may not be available  but if in doubt you really should ring your insurance company

can't see anything in the policy but its standard life insurance with Aviva without critical illness cover, will call them this week.

Just as a feedback, just off the phone from Aviva and providing I continue to pay from a UK bank nothing is affected, which is great as it gives me piece of mind

We have ours with Legal and General and all is ok both here in Cyprus and in Malta too...

Just a thought:

I know car insurance is a lot cheaper here, is it possible that life insurance is equally cheaper here??

Significantly lower car insurance, even if that defies logic at first due to seemingly carzy driving style over here, is aparently because fatal accidents are rare due to relatively lower speeds.

interesting about car insurance!
I have had the life insurance since 2009 and am happy with it, wouldn't want to change it but thanks anyway

New Horizonz wrote:

I know car insurance is a lot cheaper here, is it possible that life insurance is equally cheaper here??

.

life insurance is based primarily on life expectancy, the earlier you are expected to die, the sooner they pay out, so the more expensive it is - life expectancy is the same in Malta and the UK, so wouldn't expect big difference

http://en.wikipedia.org/wiki/List_of_co … expectancy

Life expectancy is only one facor in the equation. Operating costs, average salaries, rents, corporation tax regime can affect the premiums significantly.

My landlord in Malta has a fully comp car insurance and pays 80 euros a year in premiums = £60 pa

Who can get fully comp csr insurance for £5 per month anywhere in the UK?

with respect New Horizons ...am finding that difficult to believe!!!!

one further note an accident is an accident but all have costs whether fatal or otherwise...... and i saw far too many of them on my stretch of road whilst living there 6yrs (Mellieha) to believe that the risk is less.....

New Horizonz wrote:

Life expectancy is only one facor in the equation. Operating costs, average salaries, rents, corporation tax regime can affect the premiums significantly.

My landlord in Malta has a fully comp car insurance and pays 80 euros a year in premiums = £60 pa

Who can get fully comp csr insurance for £5 per month anywhere in the UK?

Just proves that landlords will tell you anything!!!

Am sure they cant even lie straight in bed....