What to Expect When Applying for U.S. Life Insurance

Most U.S. insurance companies are not licensed or authorized to sell outside the United States. For this reason, the sale of the life insurance policy must take place within the U.S. Individuals are required to travel to the United States to sign and receive their U.S. life policy. Also, while in the U.S., a simple medical exam will be completed as part of the application process. Depending on health, you may qualify for best class rates.

Since it is a U.S. life insurance policy, applicants must show a U.S. need for coverage. This can be accomplished by the individual’s connection to the U.S. which can consist of:

• U.S. Banking and Investment accounts
• Ownership stake in U.S business
• Ownership of U.S. property
• Frequent travel to the U.S. (personal or business)

The more substantial ties an individual has to the U.S., the higher justifiable need for U.S. life insurance protection