What type of insurance is often necessary for residence beyond 3 months?

Health insurance is often necessary for residence beyond 3 months because it provides essential coverage for medical expenses that may arise during an extended stay in a location. When individuals are in a foreign country or away from their usual healthcare system for more than a brief period, having health insurance becomes crucial, as it ensures access to necessary medical services and protects against high out-of-pocket costs associated with medical emergencies or routine healthcare needs.

In many countries, healthcare services can be expensive, and without insurance, the financial burden of an unexpected illness or injury can be overwhelming. Additionally, some countries may require proof of health insurance coverage for visitors planning to stay for an extended period, thereby mandating it for longer residences.

Travel insurance is typically designed for shorter trips and does not provide the same level of comprehensive coverage needed for long-term residency. Auto and property insurance are related to specific assets rather than the overall health coverage necessary when residing away from one's regular healthcare provider for an extended time.