NRI Insurance Desk · NRI / OCI / PIO
You earn across the world. Protect what's yours in India.
Term protection up to ₹25 crore, wealth and retirement plans from Indian life insurers — bought 100% remotely from 70+ countries, with medicals arranged in your city and every document handled by Mr Right Associates.
+91-9541170219 · callbacks in IST / GST / EST · Rohtak desk · serving Pan India
₹25 Cr
Maximum term cover for NRI clients
70+
Approved countries of residence
100%
Remote onboarding — no India visit needed
₹0
Medical cost in GCC — often fully borne by insurer
NRI, OCI or PIO — you're covered
Indian life insurers welcome all three categories of the global Indian family. The paperwork differs slightly — we handle that.
Non-Resident Indian (NRI)
An Indian citizen who has moved abroad for six months or more — employment, business, education or residence. Holds an Indian passport.
Overseas Citizen of India (OCI)
A person of Indian origin holding foreign citizenship with OCI status — free to live, work and invest in India. Insurable with an OCI card copy.
Person of Indian Origin (PIO)
A foreign citizen with Indian origin or ancestry. PIOs can buy Indian life insurance with proof of origin — we guide the paperwork end to end.
Why global Indians buy life insurance in India
For families with roots in India, an Indian life policy is protection and a tax-efficient rupee asset.
01
Rupee cover for rupee responsibilities
Parents, property, home loans, children's education in India — your Indian commitments are in rupees. Claim proceeds are paid to your family here.
02
Significantly lower premiums
Term cover from Indian insurers typically costs a fraction of comparable cover bought in the US, UK or GCC — the same budget buys a larger safety net.
03
India's growth, professionally regulated
A disciplined rupee allocation in an IRDAI-regulated industry with claims-paid ratios above 99% at leading insurers.
04
Serious tax efficiency
Premiums may qualify for deduction under Section 123 of the Income-tax Act, 2025 (earlier Sec. 80C; old tax regime only) against Indian income, and eligible maturity and death benefits may be tax-exempt under the applicable provision (earlier Sec. 10(10D)). Individual life premiums currently attract 0% GST. DTAA relief can prevent double taxation — loop in your CA for your country.
05
Estate planning & MWPA
Cover under the Married Women's Property Act ring-fences proceeds for spouse and children — beyond business creditors. Essential for NRI entrepreneurs.
06
Repatriation-friendly & FEMA-compliant
Pay from NRE / NRO / FCNR or in foreign currency. Eligible benefits are repatriable under FEMA in proportion to premiums paid from foreign sources.
India, by the numbers
Global Indians sent home a record US$135 billion in remittances in FY25 — the world's highest.
4th → 3rd
Largest economy today — targeting US$5.5 trillion by 2028
13.5%
BSE Sensex 20-year annualised return vs 9.8% S&P 500
6.5–7%
Projected GDP growth — outpacing the UAE, US and UK
99.7%
Claims-paid ratio at India's leading life insurers
Sources: PIB / NITI Aayog, Morningstar, RBI remittance data FY25, insurer public disclosures FY 2024-25. Past returns do not guarantee future performance.
Same cover. A fraction of the price.
Term cover from an Indian insurer typically costs 50–70% less than comparable cover bought locally in the US, UK or GCC. We run the exact comparison for your age and country — using our real rate card for India.
Live India rate card · ₹1 Cr to age 85
₹53,487
From Year 2: ₹62,926/yr · Just ₹147/day · ₹1 Cr cover to age 85 · male non-smoker, age 35.
Salaried clients: 15% off the first year only — from Year 2 the normal premium applies. Exact rates for ₹1 Crore sum assured, risk cover to age 85. Lowest yearly outgo: ₹25,297 (Regular pay (50 yrs)). Final premium is subject to medical underwriting — contact us to lock your rate.
Change age / smoker / gender →Illustrative · ₹2 Cr term · age 35 non-smoker
Illustration only — not a live overseas quote. Actual premiums depend on insurer, health, country and plan. The left card is our real India rate card.
Privileges reserved for the global Indian
No GST on individual premiums
Since 22 September 2025, premiums for individual life and health insurance policies in India are exempt from GST, whether you pay from an NRE, NRO or overseas account. We help you set up the right payment route from day one.
Foreign-currency premiums & maturity
Pay in foreign currency; for eligible plans receive maturity in foreign currency too — no forced conversions.
Video medical verification
Eligible NRI term clients complete medical verification on a secure video call — from Dubai, London, New York or anywhere approved.
Sum assured up to ₹25 crore
High-value protection sized for HNI balance sheets — among the highest NRI cover limits in the Indian market.
Time-zone-friendly service
We schedule calls in your evening — IST, GST or EST. Protection should not require you to wake at 3 a.m.
Borderless onboarding
Digital proposal, remote verification and locally arranged medicals across 70+ approved countries. No India visit needed.
The NRI portfolio, done right
Five building blocks — combined around your income, your family's India footprint and your return timeline.
Pure term protection
Large, low-cost cover up to ₹25 crore protecting lifestyle, loans and commitments in India — the foundation of every NRI portfolio.
Guaranteed savings & income
Tax-efficient rupee returns for 20–40 years, with income options, whole-life variants and loan facility against the policy.
Participating wealth plans
Bonus-earning plans that share the insurer's profits — a conservative rupee wealth sleeve for the long horizon.
ULIPs — market-linked growth
India's equity story inside a tax-advantaged insurance wrapper, with cover built in. Star ULIP is a generic example we illustrate.
Retirement & annuity
Lifelong pension in rupees — flexible start dates, for the day you come home for good.
For HNI and Super-HNI families
High sum-assured protection, keyman and partnership cover for NRI-owned Indian businesses, and MWPA-protected policies — coordinated with your CA.
| Term protection | Cover up to ₹25 crore total sum at risk, entry age 18–65 |
|---|---|
| Savings / ULIP — no medicals | Non-medical limits up to ₹6 crore (age up to 50) for eligible profiles from standard countries |
| Video medicals | Enhanced video-MER limits up to ₹15 crore for eligible ages and profiles |
| Spouse cover | Dedicated non-medical grids for non-earning spouses up to ₹1.65 crore |
| Retirement & annuity | Guaranteed lifelong pension — simplified diligence up to ₹3 lakh annual premium |
| Estate protection | MWPA endorsement ring-fencing proceeds for spouse and children |
Two ways to buy — both fully guided
From your country of residence
Most popular — no flight
- Share your goal on WhatsApp — we shortlist the plan and a personalised illustration.
- Digital proposal with passport, overseas address proof and income documents — we pre-check for first-time-right submission.
- Video verification and medicals (video MER or a lab visit arranged in your city).
- Pay from your NRE / NRO account — policy issued and delivered digitally. No premium is collected on this website.
While visiting India
Wrap it during a trip home
- Meet us on call while you are in India — we finalise the plan and cover amount.
- Proposal logged in India with passport (latest entry stamp) and overseas address proof.
- Medicals at a diagnostic centre near you, scheduled around your travel dates.
- Fly back covered — servicing, renewals and claim-document support continue wherever you live.
Medicals, minus the hassle
Across the GCC — UAE, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain — insurer-empanelled partners often schedule medicals in 0–3 working days, cost borne by the insurer.
| Country | Appointment booked in |
|---|---|
| UAE | 0–2 working days |
| Qatar / Oman / Bahrain | 0–2 working days |
| Saudi Arabia / Kuwait | 0–3 working days |
| Other countries | TPA network, or self-completion with reimbursement for eligible cases |
Am I eligible?
Indicative onboarding. Final terms are always subject to the insurer's underwriting.
| Criteria | Term protection | Savings / ULIP | Retirement |
|---|---|---|---|
| Entry age | 18–65 years | 18–60 years (plan-wise) | Immediate & deferred annuity |
| Education | 12th pass and above | Graduate for enhanced non-medical limits | — |
| Minimum income | ₹10 lakh p.a. | Income-based; simplified up to ₹5 lakh annual premium | Simplified up to ₹3 lakh annual premium |
| Maximum cover | Up to ₹25 crore total sum at risk | Up to ₹25 crore for standard countries | As per corpus |
| Medicals | Video MER + arranged locally | Non-medical up to ₹6 crore for eligible profiles | Typically no medical underwriting |
| Payment | NRE / NRO / FCNR / international remittance | Same | Same |
Where our NRI clients live
The busiest corridors — 70+ countries are approved. If yours is not listed, ask.
Keep these ready
Identity & residence
- Passport — first and last page (entry stamp if applying from India)
- One overseas address proof — resident card, utility bill, bank statement or work permit
- OCI / PIO card copy, if applicable
- PAN card, or Form 60 where PAN is unavailable
- A simple NRI questionnaire — filled during the digital journey
Income & banking
- Salaried: 3 months' salary slips + bank statement, or 2 years' ITR / Form 16
- Self-employed: 2 years' ITR with CA-certified computation
- NRE / NRO account details (cancelled cheque or statement)
- For premium payment: NRE/NRO account statement or proof of overseas remittance, as the insurer requires
- FTIN (foreign tax ID) — validated during the journey for 115 countries
Questions global Indians ask us
Do I need to visit India to buy a policy?
No. Proposal, verification, medicals and payment can be completed from your country of residence. Many clients also wrap it during a planned India visit.
What if there is no medical facility in my country?
Complete medicals at a reputed local diagnostic centre; eligible high-value cases are reimbursed up to ₹60,000 against bills. In the GCC, insurer networks often handle everything at no cost to you.
Can my family repatriate the claim amount abroad?
Under FEMA, benefits are repatriable in proportion to premiums paid from NRE / foreign-currency sources. We structure the premium routing at purchase so there is no friction later.
What happens at claim time if my family is in India?
We guide the nominee through the document kit, forms and follow-ups with the insurer — on call, WhatsApp and this website. We do not provide physical or on-site claim visits.
Are documents in Arabic, French or another language acceptable?
Yes — supporting documents in a foreign language need a vernacular self-declaration alongside. We prepare it for you.
Is the premium taxed twice — in India and my resident country?
Individual life premiums currently attract 0% GST in India. India's DTAA network helps prevent double taxation on policy benefits. For specific tax advice we loop in your CA — we are advisors, not tax consultants.
One WhatsApp. A complete India protection plan.
Tell us where you live, what you earn and who you're protecting — we send a no-pressure plan across time zones, usually within a day.
NRI content is indicative and for general education. Eligibility, limits, country approval and rider availability are dynamic and subject to the insurer's underwriting. Insurance is the subject matter of solicitation. No premium is collected on this website.