In each of its issues, BARNES Market News presents a brief portrait of one of its partners, whose services enhance the full-service offering to BARNES’ clients. This month features a personal and commercial insurance firm, ADEMIS

“Insurance” support for French citizens abroad

In addition to its insurance brokers services for companies and private individuals*, Ademis has developed specific knowledge in supporting expatriates in terms of insurance. “This concerns traditional insurances and in particular health insurance as well as bank credit insurance and loans for property purchase if you plan to buy real estate abroad”, says Jérôme Archenoul, manager of ADEMIS. “In a world where settling abroad for a few months or years is a natural professional career step, especially for young professionals, it is necessary to have an “insurance” support that covers a whole range of areas, suited for your needs. Health insurance solutions are constantly changing, regulations change from country to country, needs change too…” The firm has agreements with many companies that cover all or part of these needs. In addition to schemes for supplementary social protection with the CFE (Fund for French Citizens abroad), other insurance organizations exist to complete or replace the mandatory scheme. “It is essential to take care of your ‘health coverage’ before settling abroad because health care systems are rarely similar to the French one. In the United States, for example, the patient is responsible for 100% of all medical expenses if he is not covered by health care coverage through an employer."

Santé Expat Assurance offers an international health care scheme for expatriates. It is a complement to the CFE and/or starts with the first euro/US $. It is aimed towards expatriates, employees on secondment or temporally posted abroad, students… The dedicated website (www.sante-expat.com) offers you information on the different medical insurance solutions and helps you select the health insurance company which is best suited to your needs.

In the same way, ADEMIS assists French citizens living abroad and foreign citizens living in France with credit insurance when they wish to purchase real property

* Legal liability, contingency fund, health insurance, pension, life insurance, property insurance and loans for property purchase…

        • More than 50,000 French students go abroad to study or gain work experience each year and nearly 250,000 foreign students come to France each year for the same reasons.

        • For the last ten years, the number of French citizens living abroad for more than a year has greatly increased to more than 2 million people. On the other hand, many retirees looking for better weather and more affordable real estate settle in southern Europe, Africa or in French overseas departments and territories. Non-European foreigners settling in France must subscribe to a health insurance contract from the first euro with assistance when obtaining a visa to enter the Schengen area.

Seconded or expatriate?

The French Social Security covers the seconded, he is often sent abroad by his employer for a limited time and continues to benefit from the same services as in France.

The French Social Security no longer covers the expatriate because, as he is leaving for a long period, he can be the responsibility of a foreign employer or manage his own company.

Depending on social status, the kind of contract chosen depends on the country and the length of expatriation, age, marital status, occupation (student, employee, independent, retiree…) and the budget.

For more information :

Jérôme Archenoul, ADEMIS Assurances Entreprise et pour Particuliers, 2 bis rue Garnier. 92200 Neuilly-sur-Seine. Tél : + 33 (0)1 55 61 92 95

www.ademis-assur.fr / www.sante-expat.com