Can I have a beneficiary who lives in another country?

Yes, you can have a beneficiary listed on your policy that lives in another country. You will just need to make sure they have insurable interest on your life (meaning they will suffer financial loss if you die). If you have a beneficiary that lives in another country, make sure you incorporate all the details of their name, date of birth, address, and social security (if they have one) on the policy and provide the beneficiary with the policy number, life insurance company name and contact information, policy type, and agent’s name and contact information. If they are able to return to the U.S. to claim the policy, the process will be fairly simple and straight forward, similar to any U.S. resident. However, if they are not able to come to the U.S., then they will need to request for the life insurance company to mail them the claims package and the process may take a bit longer. Life insurance companies do their best to try to make the process as efficient and streamlined as possible.