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Best Life insurance for non-US Citizens (2024)

Explore the top life insurance options tailored for non-U.S. citizens in 2024. Find comprehensive coverage and secure your loved one’s future with the best life insurance plans available.

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Life insurance for non US Citizens

Our top recommendations for visa and green card holders in the United States include Lincoln Financial, Prudential, and Transamerica. Eligibility for life insurance is contingent on their immigration status, with these providers offering suitable coverage options.

However, it’s important to note that undocumented immigrants may encounter fewer choices when it comes to securing life insurance.

Life insurance for non us citizensIndividuals holding visas, green cards, and a foreign national residing in the U.S. qualify for life insurance coverage. The eligibility criteria for non-U.S. citizens may vary slightly among life insurance companies. Therefore, engaging the services of an independent broker during the policy purchase process proves beneficial.

An independent broker can assist in getting life insurance for foreign nationals efficiently comparing guidelines from multiple insurers simultaneously, ensuring that you make an informed decision tailored to your specific circumstances.

How individuals can purchase life insurance for non-Us Citizens 

Non-U.S. citizens will follow the same life insurance application procedure as U.S. citizens.

  1. Initially, you will fill out the necessary application forms.
  2. Subsequently, you will undergo a medical examination or answer a medical questionnaire.
  3. Finally, you will await the insurer’s review of your application, a process that may span four to six weeks.

Depending on your immigration status and documentation, you might be required to complete additional paperwork. Coach B. Insurance partners with policygenius, with brokers licensed in all 50 states, and is available to guide you through the entire life insurance purchasing process, providing transparent and impartial advice tailored to your specific situation. Helping secure your familys future today.

Do green card holders qualify for life insurance?

Green card holders have access to the same life insurance options as U.S. citizens, and some insurers also extend coverage to conditional green card holders.

  1. When applying for a us life insurance policy as a green card holder, you will indicate your permanent resident status.
  2. The application process typically involves providing details such as your green card number, Social Security number, or driver’s license.

Most insurance companies will assess your application in a manner similar to that of U.S. citizens.

Is life insurance available for visa holders?

Is Life insurance available for visa holdersMany types of visa holders can be approved for international life insurance in the U.S., categorized into immigrant and non-immigrant visas by the U.S. State Department.

  1. Insurance companies often offer coverage to individuals with immigrant visas designed for those planning to reside permanently in the U.S.
  2. Non-immigrant visa holders may also secure coverage with certain insurers.
  3. Still, guidelines can vary based on factors such as temporary residence for school, work, or other purposes.The specific type of visa you hold will determine your policy options.

Throughout the application process, you will furnish additional information pertaining to your visa status, the purpose of your presence in the U.S., the duration of your residency, and your intended length of stay.

This may encompass:

  1. Your responsibilities in the U.S.: Insurance companies seek confirmation of your commitment to staying in the U.S. to approve your application for a U.S. life insurance policy. If you have family ties, property ownership, or business operations in the country, your chances of approval may be higher.
  2. Duration of your U.S. residence: Insurance companies are more inclined to approve coverage if you have resided in the U.S. for a minimum of one to two years.

Life insurance prerequisites for non-U.S. citizens:

U.S. bank account:

    • A U.S. bank account is essential for paying your policy premiums and maintaining its active status.

U.S. residential address:

    • Your U.S. address must be provided in your application. All policy paperwork and the medical exam must be completed while you are physically present in the U.S.

Copy of your visa and proper identification:

    • When submitting your application, you’ll need to furnish identifying details. Some companies may request both the number and a photocopy of your visa.

Foreign resident questionnaire:

    • Certain insurers include a distinct form in the application for international citizens. This form typically contains basic inquiries about health, employment status, and travel history.

State-specific residency forms:

    • Some insurance providers may necessitate additional verification of residence through documents such as tax records or a lease. Residency requirements may vary by state, and your life insurance agent will inform you of any specific conditions based on your location.

It’s important to note that life insurance companies often stipulate that any required medical exams must be conducted in the U.S., and premium payments should originate from a U.S.-based bank account.

What factors might hinder your eligibility for coverage?

Even if a life insurance company entertains applications from specific visa holders, several interconnected factors could impede your ability to secure coverage.

Country of origin:

    • Insurers may be unable to accept applications from residents of certain countries due to regulations set by the U.S. State Department. These restrictions are consistent across all companies and may be subject to changes based on federal regulations.

International regulations:

    • Certain foreign countries may prohibit their citizens from purchasing life insurance policies outside their country of origin. Consequently, insurers might be restricted from selling policies to citizens of those countries, regardless of their U.S. visa status.

Residency minimums:

    • Some insurers may stipulate a U.S. residency requirement, ranging from one to five years, before approving a policy for an applicant. This prerequisite ensures that individuals have established a substantial presence in the U.S. before being eligible for coverage.

What are the most suitable types of life insurance for non-U.S. citizens?

Depending on your coverage requirements, two primary types of life insurance may be well-suited for you: term life insurance and permanent life insurance.

  1. Term life insurance:
    • term life insurance for foreignersThis is among the most popular and cost-effective life insurance options available. It provides coverage for a specified period, typically aligning with primary financial responsibilities like raising children or paying off a mortgage. Term lengths usually range from 10 to 30 years, allowing you to select the duration that best fits your circumstances. If your goal is to affordably establish a financial safety net for your loved ones in case of your demise, term life insurance is the optimal choice.
  1. Permanent life insurance:
    • Designed to last your entire life, permanent life insurance is ideal for individuals with intricate estate planning needs or specific financial situations, such as having lifelong dependents. While permanent life insurance policies are more expensive than term life policies, they offer the advantage of not expiring and often include a cash value savings component that grows, usually tax-free, over time.

Engaging with a licensed agent can assist you in determining the most suitable type of life insurance for your unique situation, irrespective of your green card or visa status.

Ready to see the plans and pricing?

Best life insurance companies for non-US citizens of 2024

Optimal life insurance choices for green card holders: Lincoln Financial

Our assessment reveals that Lincoln Financial stands out by providing affordable rates and comprehensive coverage for nearly every U.S. permanent resident, including green card holders. While many companies do insure green card holders, Lincoln Financial distinguishes itself by having fewer stipulations, facilitating a smoother qualification process for coverage.

For non-permanent residents, we recommend exploring alternative options, as Lincoln Financial does not extend life insurance coverage to visa holders.

Top life insurance pick for visa holders: Prudential

Prudential emerges as the leading life insurance option for visa holders, accepting applications from various types of visa holders who have been U.S. residents for over one year. Prudential collaborates with most visa and special status holders, including Deferred Action for Childhood Arrivals (DACA) recipients. Our analysis indicates that life insurance for nonus citizens involving certain types of visas are evaluated on a case-by-case basis, emphasizing the importance of seeking personalized advice from a licensed agent.

Preferred life insurance choice for immigrants to the U.S.: Transamerica

Transamerica earns our top recommendation for a diverse range of immigrants seeking life insurance in the U.S., including individuals without a Social Security number (SSN) or Taxpayer Identification Number (TIN). It is essential to note that additional restrictions may apply, and eligibility will be contingent on individual circumstances.

What happens to your life insurance policy if you relocate abroad? If you are a U.S. citizen with an existing life insurance policy, your coverage remains active as long as you continue paying the premiums. During the application process, most insurance companies typically require disclosure of international travel plans within the next two years. If you do not plan an immediate move after your policy takes effect, your coverage should remain unaffected.

For expatriates seeking to purchase life insurance in the U.S., approval may pose more challenges. Insurers commonly mandate applicants to sign and complete policy paperwork within the U.S. Some flexibility may exist for individuals currently residing in the U.S. but splitting their time between countries or those with a substantial global net worth.

Frequently Asked Questions

Can a non-US citizen be a life insurance beneficiary?

Yes, non-U.S. citizens are eligible to be named as beneficiaries on a life insurance policy. Life insurance companies typically allow policyholders to designate beneficiaries regardless of their citizenship status. It's essential to provide accurate and detailed information about the chosen beneficiary during the application process. Additionally, the beneficiary may need to provide the necessary documentation to claim the benefits in the event of the policyholder's demise.

Can undocumented immigrants get life insurance?

Yes, some insurance companies may offer life insurance options for undocumented immigrants. However, the availability and terms of coverage can vary among insurers. Certain companies may have specific policies or programs designed to accommodate individuals without legal documentation. Undocumented immigrants should explore insurance options, work with licensed agents, and inquire about tailored solutions that may be accessible to them. Keep in mind that individual circumstances and eligibility criteria may influence the ability to secure life insurance coverage.

Do you have to be a US citizen to have life insurance?

No, U.S. citizenship is not a prerequisite for obtaining life insurance. Non-U.S. citizens, including green card holders and visa holders, are eligible to apply for and secure life insurance coverage. The specific requirements and available options may vary among insurance providers, but citizenship status alone does not disqualify individuals from obtaining life insurance.

Meet the team

About Coach B.

After starting his financial career with Phoenix Home Life Insurance Company back in 1992, Scott decided he wanted to provide people with an easier and more enjoyable way to buy life insurance. That was the start of Coach B. Life Insurance, whose mission is to be transparent, honest, and helpful to customers — without ever bugging or pushing them.

In the years since then, he has worked tirelessly to improve the process of shopping for insurance. His goal is to make sure that everyone who comes to Coach B. — whether they end up buying a policy or not — has the best possible experience.


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