LIC international offers many interesting products denominated in USD or GBP. They however, do not sell products in North America. You can contact their offices in Middle East and they will be happy to offer you products - however that is not very efficient in terms of customer service/support, etc. Would any one on this board like to comment on this? Do we have anyone here who has worked with LIC_international? Is anyone here qualified so answer some questions and sell their products in Canada?

I do not know what you mean by qualified to answer questions.

All I know is that many agents from the Middle East-notably Dubai -reperesenting several different companies come here on a regular basis and do sell life insurance to South Asians- mainly what is referred to endowment policies but LIC has different names for it.

These policies- dollar for dollar are more expensive than the UL and whole life here but they have living benefits.That is, every five or ten years you can take out money to do with as you please and the sum insured is available to you when you retire or at any age you choose above 58 ( this last about the minimum age is on hearsay, however I have seen policies that are payable in full at age 65 as that was the retirement age a few years ago in Canada).

To enjoy whole life and UL policies benefits you will have to BORROW against the cash value built up unless of course you live past 100.

Also agents from Hong Kong come here.There may be agents from elsewhere who come here as well, I am commenting on those I know for a fact who come here- Dubai and Hong Kong .

I do not sell these policies.