FOREIGN NATIONALS
Who is a Foreign National?
A foreign national is a person who is not a citizen of the country in which he or she resides or temporarily sojourns. For example, a foreign national in the United States is someone who is neither a citizen nor a permanent or temporary resident of the United States.
With being partners with Pan-American Life, we are able to offer great insurance solutions to High Net Worth Foreign Nationals seeking U.S. dollar-denominated policies outside their country of residence.
Have you ever had a Foreign National decline because of Nexus or Country?
Most Common Declines Because of Nexus:
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If you have been declined for any reason at all, there are now new opportunities for Foreign Nationals that could possibly get your client approved.
Featured Coverage for Foreign Nationals
Pan-American Private Client is a suite of life insurance products designed to serve the personal and business needs of affluent individuals in Latin America, Asia and throughout the world. These products provide comprehensive coverage with built in flexibility to meet the specific needs of each individual. This list includes but is not limited to: Family protection, retirement planning, education funding, business succession as well as traditional life insurance as a death benefit.
Reasons to choose PALIG for your Foreign National clientele
Flexibility
- No US Nexus required for domestic or international policies
- US policy delivery not required
- Premium payments can be made from non-US institutions or with credit cards
- Foreign individual and entity ownership allowed
- Translation to English not necessary for medical records in Spanish, Portuguese, or French
- Medical risks through Table H (8)
International Products
- UL policies not subject to US tax law (Non-MEC)
- No mandatory US income tax withholding on withdrawals
- UL policy flexiblity for large single premiums designed to preserve, grow or transfer wealth
- Fully compliant with US regulations
- Ability to insure minors and elderly individuals ages 0-90
- Unique single premium lifetime term product designed specifically for wealth transfer scenarios
Expertise
- 100+ year old company with proven financial strength and stellar ratings (“A” by A.M. Best and “A” by Fitch)
- Experience doing business in 22 different countries across the Americas
- Multicultural Sales, Underwriting, and New Business teams supporting the international marketplace
PROVIDING THE SOLUTIONS YOU NEED TO SUCCEED
PROVIDING THE SOLUTIONS YOU NEED TO SUCCEED
High Level
Commissions
On-staff Certified Financial Planner
Brokerage Qualifying Member
National Reach, Personal Touch
On-Staff Medical Director/Underwriter
LOCAL (813) 875-6331 • NATIONAL (800) 967-7661
MRW Financial Brokerage has insurance licensed representatives in the following states:
MO, CA, NC, CT, NY, SC, AL, KY, LA, MN, MT, OH, OK, OR, PA, GA, WA, TX, CO, MD, MS, UT, WV, ID, NH, NJ, TN, AZ, MA, FL, MI, NM, VA.
LOCAL (813) 875-6331 • NATIONAL (800) 967-7661
MRW Financial Brokerage has insurance licensed representatives in the following states:
MO, CA, NC, CT, NY, SC, AL, KY, LA, MN, MT, OH, OK, OR, PA, GA, WA, TX, CO, MD, MS, UT, WV, ID, NH, NJ, TN, AZ, MA, FL, MI, NM, VA.