WEALTHY GLOBAL CITIZEN PROGRAM
Wealthy individuals who travel extensively and have meaningful economic ties to the United States may have a need for life insurance coverage to protect their financial interests at home and abroad. Wealthy Global Citizen Program is designed to help address the unique needs of this market. Its diversified portfolio of life insurance products can help these individuals meet their personal, business, retirement, and wealth transfer objectives. Following are the program guidelines to help you better serve your global clients.
What Defines a Wealthy Global Citizen?
This program defines a wealthy global citizen as someone with a high net worth (over US$2.5 million) and high income (over US$250,000 per year) who meets one of these criteria:
- A S. citizen or permanent resident who travels to a foreign country more than 12 weeks each year
- An individual residing in the United States without permanent resident qualifications
- A non-U.S. citizen with foreign residence or long- term foreign travel
Exam Requirement
- Blood Profile
- EKG
- Chest X-Ray
Amounts of Insurance
Minimum US$1,000,000 for each policy issued
Applicant Profile
- Professional
- High Net Worth
- High Income
Application Process
- Medical and paramedical examinations is only accepted by its approved labs and examiners in the United States.
- Attending physicians’ medical records must be available in English.
- Foreign Residence and Travel Questionnaire
- Financial Questionnaire
- Photocopy of the passport page containing the passport number and photocopy of the passport picture of the applicant
- For face amounts $10,000,000 and up an Inspection Report is required.