A. Yes, although there are some special conditions and requirements. We will use two companies as an example to illustrate below.
Nationwide will consider an application from a B1/B2 visitor, but its best underwriting class will be Preferred Non-tobacco.
While the application has to be submitted in the US, other requirement could be done back in the visitor's home country. For example, the medical exam could be done at an US embassy.
Here is a list of required documents
- Copy of Visa
- Copy of Passport
- SSN/Tax ID/W-8BEN
- Travel Questionnaire
- Must have an acceptable nexus to US, such as: own a home or business; immediate family member in US; US investment or asset.
Finally, the premium payment must be in U.S. dollars, therefore it's best to open a bank account while in the U.S.
In our next blog post, we will check Transamerica's requirements on B1/B2 visitors' applications.