NRI (Indians working in foreign Countries) Insurance

Features of Life Insurance for NRIs

NRIs can purchase life insurance policies
Life insurance policy can be purchased in India easily by giving us a quick call or email
All eligible NRIs, OCIs/PIOs, and Foreign Nationals can purchase NRI insurance policies in India.

We offer the following features for the long term

We provide the required life insurance coverage based on the chosen policy term and the affordable premium cost. This covers them worldwide.
The NRIs can avail of life insurance for a term suitable to their needs
The policyholders can also avail themselves of the flexible features provided in India's NRI life insurance policies. For example, they can choose to pay the premium for a limited term while enjoying the benefits through the entire policy term, opting to include the add-on rider benefits, etc.,
Premium payments by NRIs/OCIs/PIOs/Foreign Nationals can be made from their NRO/NRE/FCNR accounts in Indian Rupees. Alternatively, they can pay the same amount in foreign currency from their foreign bank account. The banker can be instructed on electronic money remittance through SWIFT into our bank account

Benefits for NRIs Purchasing Life Insurance In India

Compared to many countries offering life insurance plans, the premium rates of NRI term insurance policies are highly affordable
The NRIs can purchase a life insurance plan in India based on simple steps such as providing the required documents, choosing a comfortable premium payment method, etc.
High Claim Settlement Ratio
When the policyholder is investing in a life insurance plan, the NRI income tax benefits are as follows. the premium paid and the payout received will qualify for a tax deduction and exemption benefit based on the income earned and payouts provided in India under Section 80C and Section 10(10D) of the Income Tax Act, 1961, subject to fulfilling conditions specified therein
NRI Customers also can avail themselves of the policy under Married Women Property Act and ensure that the family is safe from the claims of creditors in future.