Many H‑1B professionals arrive in the United States at the height of their careers. While you’re focused on your job and immigration status, it’s easy to overlook life insurance. Yet this coverage ensures that if something happens to you, your spouse and children can remain in their home, pay living expenses and continue the immigration process without financial stress. In Ohio, we’ve helped dozens of families choose the right policies to protect what matters most.
Term vs Whole Life Insurance
Term life insurance provides coverage for a set number of years—typically 10, 20 or 30. If you pass away during the term, your beneficiaries receive a tax‑free death benefit. Term policies are generally affordable and ideal for covering specific obligations such as mortgage payments or your child’s college tuition. In contrast, whole life insurance combines lifelong coverage with a cash‑value component that accumulates over time. Whole life premiums are higher, but the policy builds an asset you can borrow against. H‑1B workers considering permanent residency may benefit from a mix of term and permanent insurance to balance cost and long‑term security.
Mortgage Protection & Disability Coverage
Buying a home in Columbus or another Ohio city is a major milestone. Mortgage protection insurance is a type of decreasing term policy that pays off your remaining mortgage if you die before the loan is repaid. This prevents your family from losing their home and provides stability while adjusting to life without your income. Disability insurance is equally important. If an illness or injury prevents you from working, disability benefits can replace a percentage of your salary. Look for policies that offer own‑occupation coverage, meaning they pay out if you can no longer work in your specific profession.
Long‑Term Care & Critical Illness
Many immigrants plan to retire in the U.S. Without adequate long‑term care insurance, a serious illness could deplete your savings. Long‑term care policies cover the cost of nursing homes, assisted living facilities and in‑home care. Critical illness policies pay a lump sum if you’re diagnosed with illnesses such as cancer, heart attack or stroke, helping cover medical bills and everyday expenses. Our Insurance & Protection page dives deeper into these products and helps you assess whether they’re right for your situation.
Coordinating U.S. & India Policies
Some families maintain life insurance policies in India after immigrating. While this can provide extra protection, it’s essential to understand currency risk, exchange rates and the challenges beneficiaries may face accessing funds across borders. Whenever possible, maintain at least one U.S. policy to cover domestic expenses. We can review your existing coverage and recommend adjustments that account for U.S. living costs, tax considerations and immigration requirements.
Selecting the right insurance isn’t just about numbers—it’s about ensuring your family can continue pursuing their dreams if life takes an unexpected turn. If you’re unsure where to start, schedule a free consultation. We’ll explain your options in plain language and help you make confident decisions.