If you know anything about the sport of boxing – and even if you don’t – you have probably heard of Manny Pacquiao.
The 39-year-old boxer is well known for his prowess in the ring, having held a variety of titles over his career.
With an overall record of 59 wins, 6 losses, and 2 draws, Pacquiao will go down as one of the best boxers of all time. Despite his age, he is currently the WBO welterweight champion.
If all that doesn’t impress you, consider this: he has also thrown his hat into the political ring, as he’s currently serving as Senator of the Philippines.
When it comes to money, there aren’t many people in the world in the same class as Pacquiao. With a net worth of $24 million, he’s definitely in elite company.
Pacquiao and Life Insurance
Despite the fact that Pacquiao is from the Philippines, he may be interested in purchasing a life insurance policy in the United States. After all, he does spend quite a bit of time in the U.S., as this is where he often trains and holds his fights.
Generally speaking, Pacquiao would qualify to purchase life insurance as the United States, due to the fact that he’s considered a high net worth foreign resident who does quite a bit of business in the country. With this in mind, it goes without saying that many companies would be more than willing to approve him for coverage.
Other Things To Consider
With the help of a U.S. based life insurance policy, he would find it easier to properly pass assets to his beneficiaries. In addition to his wife, Pacquiao has five children as well as a variety of other family members in his life.
The Philippine Peso is not nearly as stable as the United States dollar. With this in mind, buying a policy from a U.S company would provide more financial stability and security, which also comes along with peace of mind.
Much the same as any other high net worth foreign resident, Pacquiao would go through the international underwriting process with his company of choice.
Finding a Company
Many high net worth foreign residents are interested in buying life insurance in the United States, however, they run into one very big problem: they don’t know where to begin their search.
At Life Insurance Non Citizen, we make it easy for consumers to compare quotes in an attempt to quickly and efficiently find the life insurance company that is best for them.
Fortunately, we have secured a company that would approve almost any consumer from Asia who is interested in whole life insurance coverage in the United States. While we’re unable to publicly disclose the company, as we don’t want to give away our competitive advantage, we’re more than happy to share the information with interested consumers.
Conclusion
For many years, Manny Pacquiao has been one of the biggest names in sports. Even as he ages, he continues to win bouts against the best boxers in the world.
When it comes to money, it’s easy to see that Pacquiao has plenty of it. However, how he manages his finances is not as clear.
If Pacquiao is interested in purchasing life insurance in the United States, it’s safe to assume that he can find a company that is willing to help him.
Pacquiao contact us if you read this an need life insurance.
