The Foreign National market is large and growing.
There are nearly 22 million non-citizens living in the U.S., according to the 2010 U.S. census. Foreign-born residents compose over 37% of the population in New York City and 27% of the state of California, for example. And this growth isn’t limited to traditional gateway cities like New York, Los Angeles and Miami. Consider mid-size U.S. communities such as Colorado Springs, Detroit and Minneapolis, who, along with 14 other emerging gateway cities, have seen a 27% increase in the number of resident aliens.
The materials linked below will help familiarize your with some of the unique planning issues facing these clients and illustrate how life insurance may be an effective solution for them.
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