Traveling Outside of the US During the Life Insurance Application Process

Has a life insurance company asked you about your travel plans? Does your safari trip to Africa now have you worried? Don’t fret! The Life and Financial specialist, Criss Crombie, explains why life insurance companies want to know if you plan on traveling outside of the U.S. Watch the video below!

Will the carrier still pay the death benefit if the client dies while traveling outside of the United States?

On the life insurance application, the insurance company wants to know if you’re going to be traveling outside of the United States, Canada, and Mexico in the next year. As for the reason why, there are some countries out there that are obviously riskier than others – Africa, Middle East, etc. – where the likelihood of death or injury are higher than in the U.S. The carrier simply needs to know where you plan on traveling when you’re doing the application. Once the policy is in place, it doesn’t matter where you are when you die. The life insurance policy is going to pay the death benefit.

I’ve also been asked the question, “What happens to my body if I were to die in a foreign country?” If this were to happen, then your family will have to make arrangements to get you back to the U.S. Again, your life insurance proceeds will pay your beneficiaries per the contract. In short, yes; if you were to die outside of the U.S. while traveling to a foreign country, the life policy will pay the death benefit as long as long as you provide the right information on initial application.

Since insurance is oftentimes overwhelmingly confusing, we want to shed light on this industry by answering YOUR questions.  So if you have any questions or concerns, comment below and your question may be the topic of our next video!

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