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Thai Visa Forum

Looking for life insurance suggestions

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If you are going to be the policy owner, you may wish to do some research and find out how the IRS treats non-US whole life policies. These are the ones that have a cash value and provide investment returns or interest in addition to the insurance component. I don't think Thai life insurers would be able to provide you with the type of information that you would need in order to comply with US tax reporting requirements. The alternative to whole life is term life and I don't think that term life policies carry any reporting requirements. I think Thai life insurers push their whole life policies over term policies.

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