Life Insurance For Undocumented/illegal Residents?

[New7]

What company will issue life insurance to an undocumented/illegal resident in California? He has been here for years, is self-employed, has children that are citizens and has no intention of moving.

Thanks for any help you can give me.

 

[ATM]

Going to be tough with almost anyone. He's going to have to have some sort of documentation to meet an SSI number something.

 

[Franz Kafka]

I come across at least one of these guys a day (OK almost). I wished there was a carrier that could write them under the south-of-border i.d. (?)

 

[somarco]

First Colony/Genworth had a program for them at one time. Can't say if it is still around. AmGen might have had something similar.

I went to a meeting, maybe two years ago, where a guy from TX or NM came in promoting his deal for Hispanics. Almost sure they were writing insurance on illegals but can't say for sure. I do remember they did not require a SSN.

Bowen sponsored the seminar. They might be able to help.

 

[Franz Kafka]

First Colony/Genworth had a program for them at one time. Can't say if it is still around. AmGen might have had something similar.

I went to a meeting, maybe two years ago, where a guy from TX or NM came in promoting his deal for Hispanics. Almost sure they were writing insurance on illegals but can't say for sure. I do remember they did not require a SSN.

Bowen sponsored the seminar. They might be able to help.

Wow. No G Card, no visa, no ssn .. can't believe my eyes. I wonder what the catch is. Will call em tomorrow. (maybe I hit the mother lode LOL) Thanks, somarco!

 

[TristanTLC]

What company will issue life insurance to an undocumented/illegal resident in California? He has been here for years, is self-employed, has children that are citizens and has no intention of moving.

Thanks for any help you can give me.

How much life insurance and what type? If he has a TIN, I can get him an FE policy; but I don't know of any company that will do full underwritten without legal status. Every underwriting process I know ask the question about legal residency.

 

[LGilmore]

You also might want to be careful about disclosing that information to an insurance carrier. They may have an obligation to report it.

I just lost a Canadian applicant a while back for a small 100k policy. The carrier (now the name escapes me) wanted a listing of all assets here and abroad. Really pretty silly stuff for such a small policy.

 

[somarco]

Again, this was maybe 2 yrs ago, but the policy amounts under the Hispanic program were small face amounts. Simplified issue.

The guy who put this program together was himself Hispanic with a knockout wife. Perhaps that is why I can't remember his name. Focused too much on her . . .

He had the carriers put together material that was more than English brochures translated into Spanish, but was actually rewritten to address Hispanic family values. He spent a lot of time talking about the family hierarchy in Hispanic families and how it differs from Anglo-Saxon families.

The program was impressive if you wanted to write small face amounts in homes and were willing to bring in a translator and split commissions.

Call Marc Bowen rather than the carrier.

 

[Mark]

I say if they don't pay taxes like my butt has to do, then send them home!

 

[somarco]

Butt taxes?