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Expatriate Insurance News: Young people looking abroad for work

Expatriate health insurance could be needed by young people who are being pushed overseas due to lack of employment opportunities at home.

A recent survey conducted by Student Currency Exchange found that more than half of 18 to 25-year-olds are thinking of emigrating because of high youth unemployment.

Indeed, 65 per cent said that they are considering leaving the UK, with 52 per cent seriously considering doing so.

While the study focused on the UK, Britain is not the only country to be struggling with unemployment issues in the wake of the recession.

Among the young people questioned, Australia was the most popular destination, followed by Canada and China.

Before people move abroad it is worth organising an international insurance plan to cover people in the case of problems.

Adrian Jacob, of Student Currency Exchange, commented: "It makes sense that young people are looking to go where there are more job opportunities and quite probably a better quality of life."

Moving abroad? Get a free quote for your international medical insurance online.

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