There’s a huge change in the market for U.S.-based life insurance products to foreign nationals.
In the past, that was a narrow marketplace. With little or no interest among life insurance carriers, much of the non-U.S. resident business was left to off shore-based insurance carriers.
Now, with broader distribution relationships and a far more engaged U.S. life insurance industry, the picture has changed. U.S. life insurance companies value the foreign nationals’ business, which includes those who are U.S. residents and non-resident alien foreign nationals who live outside the U.S. Click here to read full article.