Life Insurance For Indian Citizens in the U.S.
We have good news for you, finding life insurance for Indian citizens in the U.S. can be done. Our team has helped many clients from different areas, and migratory status get life insurance. We broker with all the best insurance companies in the U.S. If all you want is a quote please fill out our contact form. In this article you are going to find all the information necessary to understand if and how to get life insurance.
Indian population in the United States is very large. There are over 2 million Indian born immigrants that live in the U.S. That is over 5% of all the immigrant population in the United States. We get calls and contacts from many Indian citizens looking for life insurance in the United States.
Anyone can get life insurance in the United States. That is what we specialize in, to make sure that every person can get life insurance.
I Am An Indian Citizen Working In The U.S.- Can I Get Life Insurance?
We have great news. Yes you will be able to get life insurance. There are two scenarios we need to consider.
1- Lived in the U.S. longer than 2 years
You will be able to get insurance from any A+ rated company, if you apply with all the necessary paperwork. You will not have any restrictions on insurance type, or health rating.
2- Lived in the U.S. less than 2 years
You can get insurance, but your city of “permanent” residence will play a roll. Any urban city will qualify you for coverage, so cities like Mumbai, Deli, etc.
On the other hand, if you come from a smaller city, you can still get coverage. But it will require your life insurance agent knows certain underwriting rules. We can’t disclose those particular rules because it is a trade secret, but contact us and we will find you insurance.
Depending on your particular situation, some insurance companies will not offer you the highest health rating possible.
I Am An Indian Citizen With A Green Card – Can I Get Life Insurance?
Yes you can get insurance very easily. Every life insurance company will be able to offer you coverage. You will no restrictions on what kind of insurance you can get. And the price you pay will be based on your age an health.
I Am An Indian Citizen Living Outside Of The U.S.
While you may be able to get life insurance, it will require that you meet certain criteria. Here are the factors that affect if you qualify for life insurance in the United States.
- Assets in the U.S. (Real Estate is the best)
- Beneficiaries in the U.S.
- Income in the U.S.
- If you are a resident of the U.S. or a foreign national.
The more financial ties to the United States you have the better. A key component however will be having an address in the United States.
I Am An Indian Student Looking For Life Insurance In The U.S.
We have found one company that will offer life insurance to Indian students.
In order for you to be able to get life insurance the company will need to know your city of permanent residence in India. You have a better chance of getting approved if you come from a developed city. The more urban the city thee better your chances are of getting approved.
How Do I Apply For Life Insurance?
The process is quite simple, and on average it will take 6-8 weeks to get an approval. First we provide you with a quote estimate, and then your agent will walk you through the process. Here are the steps you will need to do:
- You will need to sign all insurance applications in the United States.
- If you want to get a better and faster process, we recommend paying the premium up front.
- You need to take a medical exam in the U.S. that is schedule by your agent
- The insurance company will review all of your information (underwrite you).
- The insurance company will give you an offer and apply the premium you paid.
- Sign delivery receipt for the policy
Other Things To Consider
There are a few items you will need to know and have to make the process easy for you.
- You will have to disclose where you travel to the insurance company.
- You will need copies of visa, passport and/or green card.
- The company may ask for medical history from India.
Finally, in our article we went over how to get Life Insurance For Indian Citizens in the United States. What you can see is that in most scenarios you will be able to get coverage, if you work with an expert.
Contact us will all of your questions, and remember we have helped many Indian citizens get life insurance in the United States, so don’t hesitate fill out our contact form.
An expert is ready to help!