Foreign National Program
PRODUCT and UNDERWRITING STRATEGIES for HIGH NET WORTH FOREIGN NATIONALS
Global High Net Worth Individual (GHNWI) wealth surpassed US $70 Trillion.
United States life insurance products are considered a safe haven for citizens of countries who are exposed to currency risk, political unrest,
and insolvent financial institutions.
and insolvent financial institutions.
Foreign National Program applies for business written when the owner
and/or insured are not residents of the United States. These rules apply for US citizens who travel abroad for more than 12 weeks per year.
(Solicitation and ongoing communication must occur in the United States).
General eligibility (special circumstances will be considered):
• Applicant legally present in US for 15 days in preceding 12 months
• Established Nexus (LIFE Brokerage 1-page Fact Finder available upon request)
• App/exam/labs/ekg completed in US
• 100,000 annual income OR $2,000,000 net worth
Special Privileges
• Limited power of attorney forms available for select carriers
• Reimbursement of APS translation fees
General eligibility (special circumstances will be considered):
• Applicant legally present in US for 15 days in preceding 12 months
• Established Nexus (LIFE Brokerage 1-page Fact Finder available upon request)
• App/exam/labs/ekg completed in US
• 100,000 annual income OR $2,000,000 net worth
Special Privileges
• Limited power of attorney forms available for select carriers
• Reimbursement of APS translation fees
CONTACT
Coastal Wealth Insurance
1000 Corporate Drive Suite
Suite 700
Ft. Lauderdale, FL 33334
Coastal Wealth Insurance
1000 Corporate Drive Suite
Suite 700
Ft. Lauderdale, FL 33334
Suite 700
Ft. Lauderdale, FL 33334