Follow up with the insurance company to discuss the payment method. The most common payment method is to open an account with a local bank in the US and automatically pay the premium during the payment period.
As mentioned above, if a non-US person or a green card holder wants to purchase US Life Insurance, he or she can only purchase life insurance through an insurance company that serves non-US nationals or an insurance broker who is acting for the US insurer. In general, he or she will need to pay a higher premium to purchase a US life insurance, he or she can only have a worse choice from the lower credit rating insurers with a poor underwriting result.
The Value of Pacific Wealth Solutions
Since we have close relationships with management team of various US life insurance companies, we have direct communication channels with their executive level team, allowing us to seek exclusive underwriting service for our clients. Our bilingual consultants provide clients with comprehensive life insurance consulting, and our financial professionals are able to select the most suitable and safe insurance portfolio for clients. We also cooperates with reputable US trust companies and attorneys which allows us to provide the services of setting up trusts and LLCs.