Can Canadians buy life insurance from the United States?

26 May 2026 · 1 min

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In this brief YouTube clip, Jayson Lowe explains that Canadians generally cannot purchase U.S. life insurance contracts unless they have established residential ties to the United States—such as a Social Security number, an operating company, or other investable interests. He warns that attempting to do so without these ties can lead to unfavorable tax consequences. Lowe advises viewers to consider the many high‑quality life insurance contracts available in Canada and directs them to the websites watchibc.com and ibc.com for further information.

Chapters

I am in Canada. Can I purchase contracts from the United States? Unless you have some established residential ties to the United States, I would say not only is that highly unlikely, but it may not serve you well from a taxable perspective as well. There are some tax consequences, but typically if you don't have established residential ties like a Social Security number, an operating company, some investable interest, then you likely wouldn't be able. And there are plenty of great contracts available right here in Canada. Want to learn more? Just visit watchibc.com. That's watchibc.com. Ibc.com.