Trump, Life insurance, and Immigrants

Written by Immigrant Life Insurance

The President of the United States has little influence over what happens in the life insurance industry. The current administration, however, has introduced an unusual wrinkle for many immigrants.

We are not here to politicize any decision made by our government. We get our one vote every four years, just like everybody else. The Trump administration, however, has taken a tighter view of immigration than past presidents.

Whether it be dealing with DACA, deporting undocumented workers, limiting visa availability, or building a border wall, these policies impact the ability of immigrants to purchase life insurance while in the United States.

 

What does the Trump administration mean for immigrants in life insurance?

The Trump administration has a more restrictive view of immigrants and their role within the United States. It appears immigration into the United States will be decreased, and deportations of immigrants out of the United States will increase.

H1B visa life insurance?

People allowed to enter the United States with H1B visas may be restricted in the coming years. We have no way of knowing whether current H1B visa holders will have their stays cut short due to administrative or legislative changes.

With that in mind, if you are considering purchasing life insurance in the United States and you have an H1B visa, now may be the best time to make this purchase if you are in the United States.

If you are an undocumented immigrant, now is undoubtedly the best time to purchase life insurance.

EXAMPLE

Jorge Garcia, 39, of Lincoln Park, Michigan was escorted by ICE agents to be deported to Mexico on Jan. 15, 2018 at Detroit Metro Airport.

Jorge had been in the United States for over 30 years but was deported, as he was too old for the DACA rules to apply. He left behind a wife and two children in the United States. With an ITIN status, Jorge could qualify for affordable life insurance that will protect his family while he remains in Mexico.

Jorge is barred from re-entering the United States for at least 10 years. If Jorge had life insurance in place while in the United States, his coverage would remain in force during his time in Mexico. We can only hope Jorge was responsible enough to purchase life insurance to protect his family.

 

 

ITIN life insurance

If you have ITIN documentation, you can purchase life insurance in the United States. If you don’t have ITIN documentation, nothing has changed for you, and you still won’t be able to purchase life insurance in the United States.

ITIN holders are probably the most vulnerable immigrants when it comes to a need for life insurance. Many ITIN holders are in the United States supporting families that need the protection that life insurance provides.

Should an ITIIN holder be deported, it will be especially important for the family to be protected.

Many ITIN holders have children born in the United States, who are United States citizens. Spouses and children of immigrants need life insurance protection until they reach adulthood. Although we have no way of knowing, the window for which you can purchase life insurance with an ITIN may be closing.

What about other visa types?

The Trump administration has not invited us to any immigration meetings or asked us to be on any immigration committees. We don’t understand how restrictive immigration programs will be. It appears immigration will be reduced while Trump is in office.

There is the possibility Trump will become a two-term president, meaning there will be even more years of worry for many immigrants.

When should I purchase life insurance if I’m an immigrant?

To be honest, you probably should’ve already bought life insurance. With more restrictive immigration policies being enforced and greater restrictions on future immigration, now is the best time to get approved for and purchase life insurance.

 

Where should I purchase life insurance if I’m an immigrant?

Immigration laws are changing daily. Life insurance companies used to have a standardized list of countries where immigrants were approved for life insurance while in the United States. Many life insurance companies are changing their eligibility regularly by US State Department determination.

Your home county could be on a favorable list today and on an unfavorable list tomorrow.

With all the changes with the government and insurance companies, using a specialist, like Immigrant Life Insurance, is becoming more important daily. We will get you your best chance of life insurance approval if you are an immigrant.

Uncertain times

We live in a world of uncertain times…especially if you’re an immigrant living in the United States. The world has always been filled with uncertainty, and it has always been an individual’s responsibility to deal with what happens with each new law, each new administration, and each new day.

In a world of uncertainty, life insurance companies provide certainty that, if a loved one dies, the life insurance company will provide desperately needed financial help to the loved ones left behind.

This only works if you have purchased a life insurance policy. Call us today, and we will help you understand your life insurance eligibility and get you the best pricing allowed by law and insurance companies.

Conclusion

While purchasing Immigrant life insurance may seem overwhelming at first, we make the process easy. Protecting your family is one of the most important things you will do in your lifetime.

It’s important to get it right; we are experts in helping Immigrants, visa holders, and foreign nationals get the affordable life insurance protection they need.

Call us today at (888) 630-9422 and we will find you the best life insurance protection for your needs.

 

About ImmigrantLifeInsurance.com
About ImmigrantLifeInsurance.com

We work with immigrants, visa holders, and undocumented individuals across the nation to secure the best life insurance rates.

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