Cross-Border and International Insurance 101

This video is an introductory guide to cross-border and international insurance. It covers core strategies, tax considerations, and practical ways to serve clients who span multiple jurisdictions. You will see how to frame client scenarios such as high-net-worth families with estate tax exposure and individuals with ties to several countries. 

The session reviews permanent life insurance in Canada, where it fits, and how whole life and Immediate Financing Arrangements (premium financing) work. It explains key differences between Canadian and U.S. policies, including tax treatment, ownership, and compliance, and flags risks and pitfalls for U.S. persons using Canadian strategies. A clear decision framework shows how to choose between Canadian and U.S. policies for dual citizens and cross-border clients. The program then opens to global opportunities, including expanding services to international clients and exploring offshore options in Bermuda, with attention to residency requirements and ownership structures.