Get the Best Life Insurance Policy for your Family Here!
Life Insurance for undocumented
NO SOCIAL SECURITY
EXPIRED VISA
WITH iTIN NUMBER
Life Insurance for the Undocumented.
Are you or someone you know living in the United States without a valid visa? Have you tried to get life insurance while you were undocumented? It used to be almost impossible. Not anymore. There are options for getting a solid life insurance policy for someone without papers. In this guide, we list why, how to get it, and how much coverage is available.
Why is it important for immigrants to have life insurance?
There may be many individual reasons why you might be looking to get a policy, but it all comes down to protecting your loved ones. Let’s face it, life in America is not cheap and dying here is expensive. Life insurance is the most affordable way to ensure that your family is financially taken care of in case something happens to you.
We have devoted an entire topic to why immigrants need life insurance. These are just some of the expenses they will have to face if you die:
Organizing your funeral: This is the first bill they will have to cover. According to his wishes, they will have to cremate him, bury him, or send his body to his country of origin. Regardless of which route they go, the bill could be anywhere from $2,000 to over $20,000.
Taking time to adjust: People forget about grief. The ugly reality is that you need money to grieve. Think about it for a second. Can your spouse not work for a month so that they can recover in case something happens to them? What about your parents or your children?
Living Expenses: Unfortunately, life won’t stop because you’re gone. His family would still have to put gas in their cars, food on the table, and a roof over their heads.
Life insurance can help with all of that. It gives us peace of mind that our families would have the means to take a moment and cope with the pain.
Can an illegal immigrant obtain life insurance in the USA?
The short answer is yes; Illegal immigrants can get life insurance! There are specific requirements you will need to meet to qualify.
We are brokers that help undocumented immigrants obtain life insurance in the United States. with the best companies available . Fortunately, we have secured an insurance company (the best life insurance company) that requires only three things for illegal and undocumented immigrants:
- Lives in the US
- ITIN or social security number
- US bank account
I know firsthand how difficult it can be to get life insurance for yourself or a loved one without a social security number . At myfinancialservicesca.com, we help people living in the United States without a Social Security number find affordable life insurance.
Finding life insurance companies that will accept you without a social security number or undocumented status can be frustrating and challenging. We have the knowledge and relationships with the right insurance companies to get you the life insurance you need!
If you want your family protected, your income protected, your mortgage protected, or your business protected and business assets protected, we can help! Too often, when a loved one dies, the remaining family members are unable to pay their financial obligations; Houses, cars, businesses and assets are lost forever.
Our mission is to help protect immigrants, US residents without a Social Security number with affordable life insurance protection .
If you are new to the United States, your goals are no different than those of US citizens; You want security and the ability to financially support your family. myfinancialservicesca.com is one of the ways US citizens and non-citizens protect their families and assets when an income earner dies unexpectedly.
We believe that immigrants are most vulnerable when a loved one dies in the United States. Immigrants often have fewer family members in the United States , less assets, and may have more limited options and reduced access to banking services. Life insurance is an important financial tool to protect families and assets.
If you need life insurance coverage, but the blood draw causes you to pass out, you don’t like being poked, you don’t have time for an exam, or you have potential medical concerns, you may want to look into life insurance without medical exam .
CAN I GET LIFE INSURANCE WITHOUT A SOCIAL SECURITY NUMBER?
Life insurance can be a confusing topic. myfinancialservicesca makes it easy for you. We know life insurance isn’t the most exciting topic, but we also know it’s important!
Below, we’ll help you better understand life insurance, how to shop for it, and guide you through finding the best policy for your situation as quickly as possible.“Can I buy life insurance without a Social Security number?” and “Can I get life insurance without an SSN?” These are questions that we are asked.
Undocumented residents in the United States have a profoundly positive impact on our nation’s productivity. The ethnic composition of the United States has changed dramatically in the last 10 to 20 years.
However, there are millions of undocumented immigrants living in the United States without an official Social Security number (SSN). An SSN is the most common form of identification used to verify your identity and citizenship status for employment, school admission, and other social and financial support programs.
Due to current and past US government policies, the relatively insecure border, and the desire of many people to cross the border into the United States for a better life, many immigrants are living in the United States illegally, undocumented, or with some citizenship status.
So can I get life insurance?
Yes you can. A life insurance policy is a contract between a private company (an insurance company) and an individual. The government is not involved in private life insurance transactions. If you can find a company that looks favorably on your citizenship status, you may be able to get undocumented insurance without an SSN.
can your insurance solutions help me get life insurance ?
In almost all cases, yes, we can. That is our specialty and the only thing we do. We focus on finding insurance companies that provide life insurance to people without a Social Security number or undocumented status.
Are there any requirements?
Here is the most important part. This is a list of things companies will look for when they sign your application.
You must have an ITIN number. If you are in the United States without an ITIN or SSN number, we are unable to assist you. If you are interested in getting on our mailing list for when we find an insurer that offers insurance to non-ITIN holders, just give us a call.
- You MUST be in the United States for a minimum of 5 years. The longer the better. There is no exception to this. Companies are very strict about this and may deny your application if you do not meet the requirement.
- Have an ITIN or social security number
- Have some income in the US
- Country of origin – There are counties that present a higher risk or some will not allow their residents to obtain a policy outside of the country of origin. Please contact us and we will verify your eligibility. The list of eligible countries changes regularly and we want to make sure we provide you with the most up-to-date information.
- Health and lifestyle – Companies will ask you questions about your health, medical history, and lifestyle. Examples of lifestyle questions may be driving records, felony convictions, bankruptcies, etc.
What type of life insurance policy can I get?
We work with insurance companies that provide life insurance for undocumented immigrants and those without legal citizenship status or social security number. Most of the time, these are “permanent” life insurance policies . Permanent life insurance policies last your entire life and do not lapse.
How much undocumented life insurance can I get?
This will depend on the following:
- Will you be willing to complete a simple medical exam?
The easiest plans to qualify for are “no-exam” life insurance policies. This means you don’t have to undergo a blood test, urine test, or extensive review of medical records. But, this also means that you’ll be limited to the amount of coverage you can get.
WARNING: Depending on the company and the underwriting process, a life insurance policy without a medical exam can be more expensive.
These plans are available for up to $1,000,000 of life insurance death benefit coverage. If you need more coverage, we can help you get another policy with another life insurance company.
- What is the need for coverage?
Life insurance companies require a financial justification for large policies because life insurance is designed to replace wealth, not increase it.
Just like an auto insurance policy can only cover the value of one car and no more , a life insurance policy can only cover up to the maximum value of the covered person. A person’s insurability limit is the limit on the total amount of insurance that can be in effect for a person at any time on all policies that insure that person’s life.
For example, if a person’s insurability limit was $1 million and they already had a $750,000 policy in force, another company would not issue a $500,000 policy in addition to existing coverage without changes to coverage or waiver of that existing policy.
While there is a bit more leeway in the price of a human life than the price of a car, there are still limits to the amount of financial compensation you can agree to with a life insurance policy. A provider takes into account your current income, your net worth, and any other assets or income streams you have access to to determine the maximum amount of coverage they are willing to offer.
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