Foreign nationals (Non-Resident Aliens) have tax-advantage to buy US life insurance.
Non-resident Aliens are subject to estate tax for fair market value at death of the decedent’s U.S.-situated assets exceeds $60,000. But the Exceptions: Assets that are exempt from U.S. estate tax include securities that generate portfolio interest, bank accounts not used in connection with a trade or business in the U.S., and insurance proceeds***. The companies that offer life insurance product to the foreign nationals are AIG, National Life Group, Allianz, Global Atlantic and Transamerica.
***IRS website