Is the TRNC part of Europe

the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
25/08/2010 11:45

Hi all,



We are retiring to the TRNC in the next few months. we thought we had better check our life insurance policies to see if they would still be valid when we move. It would appear from the wording that they will cover us if we remain in Europe. In the event that they don't, how easy is it to get life cover in the TRNC and how much would it cost for people in their sixties?





The butlers wife

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
25/08/2010 11:53

The Butler



Technically. as the TRNC is still part of Cyprus albeit with the acquis 'suspended' one could argue that it is part of Europe. However, for clarity I would get it confirmed in writing by your insurance company. Forewarned is forearmed as they say



Paul

blade


Joined: 19/06/2010
Posts: 1286

Message Posted:
25/08/2010 12:45

I agree ask them for guidance.

Holiday insurance for the eu covers here, but as we know insurance companies hate to pay out, so check and get it in writing.

apc2010


Joined: 28/07/2010
Posts: 1689

Message Posted:
25/08/2010 14:04

this might help.....





http://ec.europa.eu/enlargement/turkish_cypriot_community/index_en.htm

TRNCVaughan


Joined: 27/04/2008
Posts: 4578

Message Posted:
25/08/2010 14:47

HMR&C class TRNC as being NOT in EU, for VAT purposes. Any items of large value, such as new cars, should be purchased under the "Personal Export Scheme" and VAT will NOT be applied.

honestie


Joined: 22/02/2009
Posts: 468

Message Posted:
25/08/2010 15:06

Ive asked re life insurance here at the banks and the answer was no not unless covering loan .but then not too sure if I had been happy with life cover here there would probably be a court battle to get it



I have life insurance but still have uk address and return frequently pay taxes in uk so I was told no problem Im covered see what happens when i go to life hereafter still wont be me sorting it out !



honestie

lovingcyprus


Joined: 02/03/2007
Posts: 1272

Message Posted:
25/08/2010 15:08

You take out LIfe Insurance when resident in the UK and at that time have no intention of living abroad but then many years later you move abroad to live, wherever in the world you move to you will still be covered by your life insurance.