Cheap Life Insurance Quote, Immigration and Receiving Death Benefit from life insurance Policies
In the case of a death, the granted beneficiaries of the life insurance policy are obligated by federal law to receive the allotted funds. However, government agencies such as ICE (immigration and customs enforcement) might make receiving the death benefit more difficult. Consulting a U.S. immigration lawyer is always a great way for undocumented immigrants to learn their rights. Even if the recipients leave the United States, insurance companies are still legally obligated to pay out the life insurance plan.
So what does this all mean to the average citizen? Well, in terms of life insurance policies, the affect might not be so great. However, it could contribute to lower health care rates as more people are getting insured, more health care providers being hired because of the higher demand for them, and more governmental funding for Medicare/Medicaid.