Does a person need to be a legal resident to purchased Universal Life Insurance?
brn_xtc asked:
My sister’s husband came to this country a few years ago, and as any responsible parent he wants to secure the future of his family so he decided to get life insurance. The problem is that my brother-in-law only has an employment authorization card ( this means he is legal in the country). His social security number is real so I wonder why the agent did not want to sell him life insurance. Can anybody answer this please. Only people who have knowledge on this subject.
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Tagged With Legal Insurance, Responsible Parent, Social Security Number
Comments
One Response to “Does a person need to be a legal resident to purchased Universal Life Insurance?”
Even though he is legally in the country. He is not a permanent resident and were he forced to return to what ever country he came from. His life expectancy goes down drastically. Its simple math for the insurance company.