Most people don’t know that foreigners can obtain life insurance in the USA
There are many different types of life insurance policies that foreigners can take out in the USA which is very helpful as many foreigners are scared of taking out policies in their own countries.
A lot of foreign clients approach us to discuss various types of insurance as they do not trust the insurance companies in their countries. They have either personally had bad experiences with companies suddenly closing down or just no longer honoring their policies or they know of other people in their country who have had similar experiences.
The result is that policyholders lose all the money that they have paid over to the insurance companies and are left with no life cover or investments and have nothing to show for all the premiums that they have paid over the years.
This does not happen in the USA as the legal system is stronger than in other countries. The insurance industry is governed by more laws and regulations than in other countries. Insurance companies are also much more secure financially both locally and in terms of their worldwide assets and investments.
Due to the many rules and regulations, American insurance companies must conduct their business in a very conservative manner. They manage the risk across many different industries and have many years of experience to help guide them in their decisions.
There are guarantees in place to ensure that policies are paid out no matter what happens. This is especially important if the insurance payments are related to monthly retirement annuities.
Many clients also want to make sure that their children and families have enough money when they die and inheritance tax is not overly burdensome.
Clients also wish to secure their investments in the USA if they feel their country’s economy is weak.
Moses Nae, CEO of TaxLeaf and Contador America, is passionate about helping foreign investors and entrepreneurs find the ideal insurance policy for their business, investments, and personal requirements.
Each client is unique, with a range of personal and business circumstances that require careful consideration before selecting the most appropriate insurance products or services.
Here’s what one of our successful business owners has to say about the service and support they receive from being partnered with Taxleaf:
Cesar Buenavista, Doral, Fl
“I am an Account Manager with TaxLeaf and have been working with clients for more than 6 years. The technology they provide is incredible. I have access to everything from my phone if I need it. They are very professional and provide excellent support for me and my employees.”
To help you learn more about how Taxleaf can assist you with your life insurance needs, stop what you’re doing right now and call us now to secure a FREE 30-Minute Consultation with one of our business experts, that will help you secure the right insurance policy in the USA.