[REPLAY] Foreign National Clients – Expanding Your Markets with Prudential from Prudential

Recorded 07/11/2024 

Join us to discover the life insurance opportunity with foreign nationals (non-U.S. residents). Foreign nationals have special insurance planning considerations and can benefit from your help. Learn what makes life insurance attractive to them and understand which clients may be eligible. 

By watching the webinar:

• You will be exposed to a life insurance planning and potential new business opportunity that you may not have considered for clients.
• You will gain an understanding of the value of the planning opportunity while seeing our Advanced Planning Team’s expertise.

Let’s Identify Clients who May Benefit from this Planning:

• Is a non-U.S. citizen
• Has a life insurance need
• May be a person with a with a permanent U.S. residency
• May be a person with a permanent foreign domicile
• Meets certain underwriting and U.S. nexus requirements

Our differentiators speak for themselves:

• Term life insurance products are allowed, unlike other competitors
• Large cases auto-issue limit of proximately $28 million with a jumbo limit of $35 million
• Social Security number not required for foreign residents

Let’s Talk:

• Have you considered the value life insurance can offer to your client’s overall plan?
• Give or industry-leading Foreign Resident and Foreign Travel guidelines a look when a client needs term (or permanent) protection
• Are you aware that U.S. transfer tax rules are different for individuals who are not U.S. citizens?
• As part of your client’s estate plan, have you determined the potential U.S. estate taxes that could be levied against your client’s estate?
• Has your client previously explored life insurance in a different country and found that there was not a product or carrier that fit your client’s needs?
• Would your client’s like to buy life insurance in a market that’s established, competitive, and diverse?