Life Insurance is sold internationally, so as long as a person can show he has the means to pay and can qualify health-wise, his alien status is not an issue. I have not seen any question on a life insurance application that would disqualify a person due to alien status.
Co-Founder, Coastal Financial Partners Group, California
Most life insurers in the US stipulate that the proposed insured must be a permanent resident of the US. That means a US citizen or a non US citizen who is a lawful permanent US resident (green card) or on certain visa types. There would also have to be a means to pay premiums and a demonstrable life insurance need i.e. generating earned income or assets to protect here.
Some insurers have developed foreign national programs that can also work in situations where established US interests and ties exist plus meeting some additional criteria. Citizens of some countries may not be eligible.
It can be a complex area of field underwriting - so much so that our firm has developed a special questionnaire to help shop for coverage. Be sure to work with a life insurance professional with experience in this area.
There are several life insurance companies that do not ask the citizenship question. Therefore, an illegal immigrant can purchase life insurance regardless of citizenship status. You will need to shop to find those carriers as most mainstream life insurance companies will require citizenship or permanent resident status. In order to purchase life insurance all of the other questions must be answered and there must be reasonable health, means to pay premiums, a need for the life insurance and an insurable interest as a beneficiary. I would recommend using an experienced independent life insurance broker to help find those life insurance carriers that do not ask the citizenship question.
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Some insurers have developed foreign national programs that can also work in situations where established US interests and ties exist plus meeting some additional criteria. Citizens of some countries may not be eligible.
It can be a complex area of field underwriting - so much so that our firm has developed a special questionnaire to help shop for coverage. Be sure to work with a life insurance professional with experience in this area.