There are many things to consider when Moving Overseas


Moving home can always be an exciting experience. It can rather depend where you are moving to, since you may be moving only a mile or two because your family has expanded, so you will still be in the same town using the same shops and seeing the same friends. You might be moving to another part of the country, in which case there is lots to learn and lots to discover.

You might even be moving overseas, in which case it is to a completely new life with new people who have different customs, and very often a different language. Even if you are moving to another English-speaking country, it can be very different from the UK. A lot of things that happen in New Zealand, Canada, and the US are things that would never happen here, such as the fact that in the US it is perfectly legal to own a gun.

Of course, you may also be going to a country where they speak a foreign language, so – unless you are already fluent – you have to learn that as well. So yes, moving overseas can be exciting and something to look forward to.

However, it is not all fun and exciting, as moving can be a very stressful experience as well. If you have to say goodbye to friends and family, some of whom you may never see again, that can be a very emotional experience. You may have to leave a pet behind as well.

There are also so many things that need to be done and to be taken into account when moving abroad. Things such as health insurance, for instance: not all countries have the NHS. Some countries such as Saudi Arabia don’t allow you to drink alcohol. You could be going there on a fabulous salary earning more than you ever have, but at the same time you can’t wind down with a glass or three of Chardonnay or Pinot Grigio at the end of a hard day at the office.

Then there is the actual physical job of moving. What are you going to take with you to this foreign country and what are you going to leave behind? Will you take your car, or will you buy a new one on arrival? Most countries drive on the right, so you may be better off buying new rather than using a right-hand drive car on the “wrong” side of the road.

You really do need to think long and hard about what to take with you and what to leave. You have to remember that everything you take with you has to be paid for: you have to pay all the shipping costs. What you don’t want to do is to pay for shipping something and then three months after you arrive at your new home decide to throw it out after all. Yet it is surprising just how many people do exactly that.

Not only do you have to pay for every item that you ship, but you also have to insure it. Insuring goods in transit overseas can be complicated, but at The Insurance Broker we can take care of all that for you. International shipping insurance, also known as marine cargo insurance, comes in different forms, so you need to know which is the most suitable for your own goods in transit.

The good news is that most goods that are shipped around the world arrive at their destination safely, but the accent is on the word “most”. There is a certain rule, which we are not going to print here, that says that if it is going to happen, it will happen to you. So if it does, you need to make certain that you are fully covered.

First and foremost, you need to assess the value of your items. That means that you need to work out how much it would cost to replace them if they were totally lost or destroyed. If you undervalue them and only insure at that level, you won’t get the full replacement amount. Equally, you don’t want to overvalue them because it will cost more in premiums and you will find the insurance company arguing with you if they are lost.

There are different types of insurance, one of which is Institute Cargo Clauses ‘A’ which is easier to refer to as All Risks insurance. This pretty much does what it says on the tin. There is also is Institute Cargo Clauses ‘C’ which some people refer to as Total Loss Cover which means that some damages are not covered – it would better to term this as named perils or specified accidents. The premiums for these do vary, of course.

There are other types of coverage as well. If you are moving abroad and need to insure your goods, talk to us at The Insurance Broker and we will see to it that you get the right coverage at the minimum cost.