Apr 3, 2014

WHICH INDIAN COMPANIES OFFER TERM POLICY FOR NRI's ?

Four Indian Insurance companies have actually streamlined their processes for issuing insurance policies to NRIs. They will help you with documentations and other requirements for medical tests, etc. as well. Some of the companies who have managed to stream line their NRI centre are:

Life Insurance Corporation of India (LIC)
ICICI Prudential Life Insurance
Max Life Insurance
Kotak Life Insurance

Term Plans are pure protection plans, it is a great choice for family security. Most Term Policies offered by most insurance companies in India can be purchased by a Non Resident Indian, NRI or a Person of Indian Origin, PIO simply by filling an additional NRI Questionnaire. They are not separate policies but the same policies that are offered to resident Indians as well.










tags: TERM POLICY NRI, LIC, 1 crore, documents, medical examination, tpa, pio, green card

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