How To Get U.S. Life Insurance As A Foreign National
March 31, 2020 by Scott Karstens
A foreign national is a person who is a U.S. citizen who lives outside the U.S. full time or a citizen of another country residing in or traveling to the U.S. As a foreign national, you can still get U.S.-based life insurance if you meet certain criteria. Here’s what you need to know if you’re thinking about buying a policy.
U.S. And Global Financials
The insurance company will want to know what your current ties are to the United States as well as your assets globally. it will ask about your current job, business interests, family members, real estate ownership, investment accounts and business ownership. It is also important that you prove a substantial income, typically from your home country, but it may also be U.S.-based income. The more U.S.-based income and assets the better.
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