What does Foreign Insurer mean? Read on to discover the definition & meaning of the term Foreign Insurer - to help you better understand the language used in insurance policies.
A foreign insurer is an insurance company that is located in one state, but which writes policies for clients in other states. While foreign insurers are very common in health insurance, many insurers in the United States are restricted to selling in a single state due to the concept of "state lines."
We hope the you have a better understanding of the meaning of Foreign Insurer.