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Expatriate health insurance policyholders might be more at risk of internet fraud because they have a higher likelihood of using online banking.
This is the view held by an article published by expatforum.com, which states overseas medical insurance customers could be targeted by phishing and pharming scams.
These include online fraudsters encouraging savers to send them personal banking information and passwords, or hijacking the domain name of a bank and re-directing customers to bogus websites.
The article states that offshore banks are aware that their customers are more likely to be victims of internet crime and urges expat medical insurance policyholders to ensure they never give out details over email and always log-off when they have finished using online banking services.
Meanwhile, the World Bank has predicted that remittances from expatriate Egyptians will reach $7.68 billion by the end of the year, up from £7.15 billion in 2009.
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Expatriate Group & Expatriate Healthcare are trading styles of Strategic Insurance Services Limited who is authorised and regulated by the Financial Conduct Authority (FCA). FCA Firm reference Number is 307133. Strategic Insurance Services Limited is authorised to carry on Regulated Activities in accordance with the permissions granted by the FCA under PART IV of the Financial Services and Markets ACT 2000.