Residency

Introduction

Current, future and past residency and travel are important risk factors which may influence our acceptance terms. Additionally, we need to consider current legislative requirements

Key Points

Residence or travel outside the UK can involve increased risk; e.g. war zones, politically unstable areas, Human Immunodeficiency Virus (HIV) infection and other health related risks

Tax rules and legislation restrict who we can offer cover to outside the UK; e.g. HM Revenue and Customs (HMRC), Overseas Life Assurance Business (OLAB) and European Union’s Third Life Directive

For applicants who have arrived in the UK or travelled for a long period outside the UK within the last 5 years we may require medical evidence to assess their application – this depends upon the duration of stay, time since arrival in UK and countries involved

Generally, we will consider applicants who are:

• Permanently resident in the UK
• Temporarily travelling within the European Union (EU), United States of America (USA), Canada, Australia and New Zealand
• Temporarily travelling to countries not listed above on an individual consideration basis
• Whilst they remain in the UK (where a permanent move abroad is known during the application stage)
• Crown Employees or in the Merchant Navy

We will consider cover for applicants who will definitely be moving abroad, but only whilst they remain in the UK or for the duration of the mortgage, if mortgage protection

For full details of our underwriting philosophy regarding current and future residency, refer to our Foreign Residency Sales Guidelines document (PDF 122KB), alternatively refer any specific queries to the Medical Underwriting Technical Advice Line (MUTAL) on 0370 333 3699