by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Expat Investor : July August 2008
Fast Facts 66411 Fast Facts 66410 HEALTHCARE INSURANCE July/August 2008 ? EXPAT INVESTOR 17 Research has found that the difference between the average age when retirees stop working, and the age at which they consider themselves ‘old’ is a staggering 18 years, highlighting that those still in work can expect to enjoy almost two happy decades when they finish working. The global study conducted by leading insurer AXA was commissioned to examine the perceptions and realities of retirement amongst both workers and retirees, and revealed that UK workers think they will retire at the age of 62, and consider themselves ‘old’ at 72 – meaning they anticipate only 10 years of an active retirement. However the reality is very different – retirees tended to finish work at age 60, but don’t consider themselves to be ‘old’ until the age of 78. Fast Facts 66010 All claims will be assessed against the terms and conditions of the chosen product and any individual exclusions placed on your policy at joining. Authorised and regulated by the Financial Services Authority. © AXA PPP healthcare 2008 Lines are open from 8am to 8pm Monday to Friday and 9am to 1pm Saturday (UK time). Calls may be recorded. Because nothing in the world matters more than each other AXA PPP healthcare brings you great British health cover. Wherever you live in the world Your health is everything. So it pays to take the best possible care of it. Whether you’re a resident expatriate or a local national – working, travelling or retired – our International Health Plans bring priceless peace of mind. We’ll give you prompt access to private medical treatment, a choice of hospitals, emergency evacuation or repatriation, and many more benefits. We even have an English-speaking health information line – on call for you, 24/7. With over 35 years’ of international experience, and over 2 million customers in the UK and worldwide, you can trust AXA PPP healthcare to protect the health of those you care for. Join now – and get up to two months cover, completely free. all +44(0)1892 550814 quoting reference EI5555 or visit www.axappphealthcare.co.uk/expat_investor This is in stark comparison to Hong Kong and China, where the age of ‘oldness’ is 63 and 66 respectively. The research also shows that many British retirees enjoy retirement, with 40% saying they are “very happy” compared to 32% of those currently working. In addition, 80% have positive associations with retirement putting retired Brits ahead of their counterparts in a number of countries including USA (55%), Italy (39%) and Portugal (36%). Financially, the picture is better, too – just over half of all workers (57%) think they will have enough to live on in retirement, but almost two in three (64%) retirees say their current retirement income is sufficient – up from 57% last year. Time bonus of 18 ‘happy’ years BUPA International gives more cover for chronic diseases BUPA International, is now offering cover not just for the diagnosis of chronic diseases but also to control them as the number of sufferers continues to rise. According to the World Health Organisation (WHO), chronic diseases such as stroke, heart disease, cancer, chronic respiratory disease and diabetes, are by far the leading cause of mortality in the world. Effective immediately, new BUPA International Lifeline customers will be covered for drugs, consultations and treatment to control conditions such as diabetes, asthma and hypertension. Existing customers will receive enhanced cover for chronic conditions at renewal. Diabetes, in particular, consistently grabs headlines as the estimated number of sufferers worldwide is increasing rapidly – putting huge financial strain on health budgets. This is especially true of type two diabetes, which is linked to another global heath risk – obesity. Leading health charity Diabetes UK estimates that three million Britons are now diabetic, a trend that is just as relevant elsewhere in the world. For example, in France there is an estimated two- and-a-half million people live with the condition. Commenting on the extended cover for chronic diseases, Tim Slee, BUPA International’s Global Sales Director, says, “We are always looking for ways to offer better value to our customers, whether they are in their home country or living and working abroad. And, as conditions such as diabetes are becoming increasingly prevalent wherever you are in the world, our extension of chronic disease cover reflects a very significant benefit to our members.” Other enhancements to Lifeline cover include increased out-patient benefits and more cover for pathology, x-ray and diagnostic tests. Customers continue to have access to more than 5,500 hospitals and clinics worldwide, and BUPA International’s 24 hour, multilingual helpline.
May June 2008