We’ve Recently Made Some Enhancements to Our Foreign National Guidelines
Nationwide is now leading the industry for foreign national underwriting. We are excited to announce several significant updates to our international guidelines which will greatly benefit your foreign national clients. What’s New?
- No $1,000,000 minimum required policy if Foreign National has been in the U.S. less than 3-years
- All Products including Term are now available for Foreign Nationals1
- All Riders are now available including the LTC-Rider for Foreign Nationals in the U.S. for greater than 1-year2
- Preferred risk classes are now available after 1-year of residence with preferred plus available after 3-years in the U.S.
- Accelerated underwriting is now available to anyone who has been in the U.S. for 1-year
- Expanded acceptance for foreign nationals from C and D countries
1 Foreign Nationals living in the U.S.: < 1 year permanent plans only
2 Foreign nationals living in the U.S.: Child Term Rider available only for 10-year Green Card