FOREIGN NATIONAL PLANNING

Why Would Foreign Nationals Consider U.S.-Based Life Insurance?

• Financial assets and beneficiaries may be located in the U.S.

• Amount of coverage needed may not be available in their country of residence

• Cash value and death benefit are paid in U.S. dollars

• Availability of more suitable life insurance products, premium rates or underwriting

• Income and estate tax advantages

• Funding U.S. tax liabilities

Overall, U.S.-based life insurance can be an important part of a foreign national’s long-term financial strategy as long as he or she has established a connection to the U.S. and has a financial need for the amount of life insurance requested.