I want to market my clients annuities/insurance that they buy within dollars and procure salaried within Rupees. How/Where?
How can I protect clients from the dollars devaluation. Can one buy in dollars to seize paid ultimately contained by Rupees? I am insurance licensed in Maryland, Virginia and Florida.
Answers:
If you want to protect against currency risk, you can do this on the option market. Options are securities, not insurance products. You will stipulation to register with NASD for your series 7 and 63 as a minimum. Talk to a righteous stock broker before you do this so you can read how it works and how feasible it is. Good luck.
your call on in this site
If they hold NRI status in India, they can seize through LIC's mail command business.
Good Luck !
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