
The different resident classifications When it comes to people who weren’t born in the United States, potential applicants fall into two categories: temporary and permanent residents. Life Insurance For H-1B Visa Holders Requirements for Purchasing Life Insurance. There are several requirements that H-1B visa holders must meet in order to. Unfortunately, not all foreign citizens with a H-1B visa can apply for life insurance in the United States. This visa allows a foreign national to stay in the U. For life insurance purposes, the situation of Lvisa holders is very similar to Hvisa holders.
Some insurance companies want absolutely nothing to do with visa holder life insurance. There are simply too many unknowns when someone is from another part of the world. They don’t understand the underwriting process and have no interest in becoming experts in this area and offering life insurance to visa holders.
Both provided by others are goo but here is something to consider. Do you need life insurance ? In order to be eligible for life insurance and to get a certain category of rates, there is multiple criteria that could be applied by various life insurance companies to determine rate class, such as: 1. Family health history 7. Time of residency in the U. Some life insurance companies require that you have lived in the U. (more…)