Does the NRI & OCI/PIO need to be present in India while buying the term insurance plan?

No, it is not necessary for one to be present in India while buying term insurance for NRI & OCI/PIO. Since medical check-ups can be checked and confirmed via tele or video calls, an NRI can purchase the policy from their country of residence.

What is the mode of premium payment for term insurance for NRIs & OCI/PIO?

As a non-resident Indian & OCI/PIO, you can purchase a term plan for NRI and pay the premium amount by logging on to your Non-Resident External (NRE) or Non-Resident Ordinary (NRO) account or foreign bank account with swift facility. Be sure to check if your bank offers internet banking facilities so that the process is simple and hassle-free.

What are the ways of customising the term insurance for NRIs & OCI/PIO?

A term plan for an NRI & OCI/PIO can be customised on the basis of the policy tenure, the sum assured amount and also the premium payment frequency and mode. One can also further customise the policy by adding term plan riders^ to the policy. However, the customisation through riders may be subject to certain terms and conditions.

What happens if I become an NRI & OCI/PIO after I buy a term insurance plan in India?

If you have purchased a term insurance plan and then want to move abroad, let your insurance provider know about it so that the policy details can be altered accordingly. Also, mention the name of the country where you will be residing. Your insurer will get in touch with you if more information is needed.

Can NRIs & OCI/PIO purchase term insurance plans without coming to India?

Yes, an NRI can purchase a term insurance plan without visiting India. There are telemedical and video medical services available that enable the NRI to get their medical documents checked before the policy purchase without being present in person.

Are the maturity benefits taxable for the NRIs & OCI/PIO?

NRIs & OCI/PIO can enjoy a tax exemption on the maturity benefits of a term plan with a return of premium under Section 10(10D). These exemptions are, however, subject to policy terms and conditions.

Can the NRIs & OCI/PIO transfer the term insurance policy to another person?

Yes, NRIs & OCI/PIO can transfer or assign the term insurance policy to someone else. However, the insurance provider should be informed about the transfer so that the due process is followed and the transfer is smooth and hassle-free. From here on, the new owner of the policy will have to start paying the policy premiums.

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Q: Are there any tax benefits for NRIs & OCI/PIO with term insurance?

The tax benefits for a term plan for an NRI & OCI/PIO are the same as a resident policyholder when it comes to claiming tax deductions. You can claim tax deductions on the premiums paid under Section 80C. However, you can only claim the 80C deduction if you have a valid PAN (Permanent Account Number) card.

Q: Can NRIs & OCI/PIO purchase multiple term insurance plans in India?

Yes, an NRI & OCI/PIO can purchase multiple term insurance plans in India, provided that the premiums for all the policies are paid on time.

Q: What are the factors to consider before NRIs & OCI/PIO purchase term insurance in India?

It is important for an NRI & OCI/PIO to consider the below factors before purchasing term insurance in India for NRI: The policy tenure - The policy term for term insurance for an NRI & OCI/PIO can be as less as 6 months and go up to a maximum term of 40 years. Be sure to choose a policy tenure that will cover your family for an adequate period of time. While the plan is active, you (the policyholder) should be between 18 – 65 years of age, as this is an important eligibility criterion for a term plan. The policy coverage - The sum assured or the policy coverage should be planned as per your family’s future financial needs. In your absence, the death benefit paid out to them should offer sufficient financial support to them. Consider all expenses and emergencies when planning the sum assured, including the inflation rate. You can also opt for an increasing term plan whose coverage increases every few years.

Q: How can an NRI & OCI/PIO make a term insurance claim?

To file a term insurance claim in India, the NRI & OCI/PIO should ensure that they have a valid term plan and all the necessary documents to file a claim. One can reach out to Tata AIA Life Insurance through any of the below channels: Email us at: customercare@tataaia.com, Call our helpline number - 1860-266-9966 (local charges apply), Walk into any of the Tata AIA Life Insurance Company branch offices, Write directly to us at: The Claims Department, Tata AIA Life Insurance Company Limited, B- Wing, 9th Floor, I-Think Techno Campus, Behind TCS, Pokhran Road No.2, Close to Eastern Express Highway, Thane (West) 400 607. IRDA Regn. No. 110

Term insurance for NRI provides a financial safety net for families of Non-Resident Indians (NRIs) living abroad. It helps ensure that the policyholder’s Read more loved ones are financially protected in case of any unfortunate demise. NRIs, Overseas Citizens of India (OCIs), and Persons of Indian Origin (PIOs) can explore different term insurance plan options based on their future family needs. Read less

Term insurance for NRI provides a financial safety net for families of Non-Resident Indians Read more (NRIs) living abroad. It helps ensure that the policyholder’s loved ones are financially protected in case of any unfortunate demise. NRIs, Overseas Citizens of India (OCIs), and Persons of Indian Origin (PIOs) can explore different term insurance plan options based on their future family needs. Read less

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What is Term Insurance For NRI?

Term insurance for NRI is a life insurance plan that offers financial protection to the family of a Non-Resident Indian. As an NRI you may be living in countries like the United Arab Emirates, Qatar, Oman, Kuwait, Singapore, Australia, and the United States and would want to secure the financial future of your loved ones.

A term plan for NRI can be purchased either from India or their country of residence, depending on the insurer's guidelines. If an unfortunate event occurs during the policy term, a term plan will provide your family with the financial security to maintain their current lifestyle.

Our Best Selling Term Plan for NRIs:

Tata AIA

Sampoorna Raksha Promise

Plan Benefits

Get ₹2 Cr life cover @804/month⁶
Up to 18.5% discount¹ (1st year premium)
Option to get all premiums back⁵

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Non-Linked, Non-Participating, pure risk, Individual Life Insurance Product (UIN:110N176V08)

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Maha Raksha Supreme Select

Plan Benefits

Get ₹2 Cr life cover @679/month⁷
Up to 18.5% discount¹(1st year premium)
Waiver of premium if diagnosed with terminal illness

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Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN: 110N171V12)

Who is NRI?

Non-Resident Indians (NRIs) are individuals who do not reside in India but considered citizens of India based on conditions listed in Section 6 of the Income Tax Act 1961. If an individual meets the following conditions, they are considered a Resident in India for the previous year:

They have been present in India for 182 days or more during the previous year.
If they resided in India for 365 days or more in the preceding four years and 60 days or more in the previous year.

Those who do not meet the above conditions will be considered Non-Resident Indians.

Who is OCI?

An Overseas Citizen of India (OCI) is a foreign citizen with Indian origins. They are allowed to live and work in India indefinitely. A foreign citizen can register as an Overseas Citizen of India cardholder under Section 7A of The Citizenship Act 1955.

In 2005, The Citizenship (Amendment) Act of 2005 introduced a scheme to issue OCI cards. A candidate who qualifies can get an OCI card and live in India. While the OCI provides several privileges, such as visa-free travel and property ownership rights, it does not grant full Indian citizenship, nor does it provide the right to vote or hold a government job in India.

Indian citizens cannot hold dual citizenship under the Constitution of India. In order to meet the demands of Indians insisting on dual citizenship, OCI cards and the related benefits were introduced.

Features of Term Insurance for NRIs

Choice of Policy Term

Term insurance plans for NRIs come with flexible policy terms. With Tata AIA Life Insurance term plans of your choice, you can get whole life coverage up to 100 years of age³. Thus, you and your family can obtain life insurance coverage for your entire lifetime and stay secure without any worries.

Choice of Coverage Amount

Get a life cover of your preference based on your family’s financial needs. Understand your family’s future financial needs and other emergencies before finalizing the coverage amount.

Premium Payment Options

To make premium payments convenient for NRIs, term plans offer different options for planning the payments. The premiums can be paid on an annual, half-yearly, quarterly, or monthly frequency.

You can also choose to pay regular premiums throughout the policy term (Regular Pay), for a limited number of years (Limited Pay) or opt for a one-time lump sum payment under the Single Pay mode.

Easy Premium Payments

Premium payments can be easy when you buy an online term plan for NRIs. You can keep the policy coverage active with reasonable premiums by choosing a suitable premium payment mode and frequency.

You can use internet banking facilities available with your NRO, NRE, or FCNR accounts for the payments or use a foreign bank account. You can also automate payments when you use the internet banking facility.

Benefits of Term Insurance for NRIs & OCI/PIO

Term insurance plans for NRIs are designed to protect your family financially during your absence. When you buy a term plan, it is not only an investment to add to your portfolio in India but can also act as a layer of financial protection for your family in case of unfortunate demise of the life insured.

These are some of the important benefits of a term plan for NRIs & OCI/PIO:

High Coverage at Affordable Premiums:

The premiums for term plans for NRIs can be quite reasonable, even when the life cover is quite high. This can help you choose a flexible sum assured for your family’s security without worrying about the cost of the premium payments. You can also choose the coverage based on the premium amount you need to pay.
Telemedical/Video-medical Check-up:

Since a medical check-up is mandatory for NRIs buying a term plan, those living in a foreign country and within the prescribed age limit need not travel to India for the health check-up. A simple telemedical and video-medical check-up facility can be arranged for the life insured. In cases where physical medicals are required (usually due to certain health disclosures or higher-risk profiles), this is done through empaneled medical centers.
Financial Protection:

A term plan for NRI ensures that your family is secured against the financial impact of debts, other unpaid loans, and financial liabilities in your absence. In case of an unfortunate incident in your country of residence, the sum assured can help meet the financial needs of your family.
Rider Benefits:

Your policy coverage can be easily enhanced with optional riders⁴ that offer protection against specific risks like accidental death, disability, and more, at a nominal additional premium cost. With term insurance for critical illness, you get coverage for critical illnesses.
Whole Life Coverage:

Term plans for NRIs by Tata AIA Life Insurance offer whole life coverage up to 100 years of age. Assess your family’s future financial needs and choose a suitable policy term for maximum protection and life cover benefits.
Return of Premium:

Term plans with the Return of Premium⁵ feature ensure you receive all the premiums you have paid back at the end of the policy term. Hence, if you survive the policy term, you will be eligible to receive these maturity benefits.
Life Stage Benefits:

Certain term insurance plan offers to increase coverage at important milestones in your life. You can opt for these options during the policy inception. These milestones include events like marriage and childbirth, where additional coverage is necessary.
Tax Benefits:

NRIs can also claim tax⁸ deductions on their term plan in India. Under Section 80C of the Income Tax Act, you can claim deductions on the premiums paid on the policy if you have a valid PAN card and follow all the taxation rules applicable in India.

Why Should NRIs Purchase a Term Plan from India?

The following are some of the reasons why you should purchase a term plan from India:

Cost-Effective Protection for Loved Ones:

Term insurance for NRIs in India often offers substantial coverage at reasonable premium rates. These policies may provide financial security for family members residing in India. The plans are designed to fit within an overseas budget without causing financial strain.
Significant Tax Advantages:

It includes tax benefits⁸ with deductions up to ₹1.5 lakh under Section 80C. Moreover, the death benefit that nominees receive is tax-free. This may help enhance the financial support available to beneficiaries who opt for NRI term insurance.
Convenient Payment and Management:

The NRE/NRO account enables NRIs to pay the premium conveniently. Furthermore, many insurers provide digital platforms for policy management.
Global Coverage with Local Benefits:

Generally, the insurers offering term insurance to NRIs offer worldwide coverage alongside their services in India. This tends to ensure protection regardless of where the policyholder lives or travels. The benefits continue to support family members who reside in India
Simplified Process Despite Distance:

The process to avail term insurance is usually straightforward to meet international customer needs. Many insurers offering term insurance for NRIs typically allow medical test in your country of residence. Additionally, numerous insurers offer virtual document verification, removing the need to visit India.

How Does the Term Insurance for NRIs Work?

The way a regular term plan and a term plan for an NRI work are quite similar.

For instance, the choice of policies, the policy tenure, and premium payment options are offered for both general term plans and those designed for Non-Resident Indians. You can calculate the premium amount with a term insurance for NRI premium calculator.

Moreover, the death benefits will be paid out to your beneficiaries if you pass away during the policy term, just as with a regular term plan. For term plans with a return of premium, the total of all premiums paid will be paid on maturity.

What Riders are Available with NRI Term Insurance Plans?

The following riders are available in the term plan for NRI:

Accidental Death Benefit Rider
: Under the accidental death benefit rider, an additional sum may be paid to the nominee if the policyholder dies due to an accident.
Terminal Illness Rider
: The terminal illness rider allows early payment of the sum assured if the policyholder is diagnosed with an incurable disease that is likely to lead to death within 6 to 12 months, as confirmed by a doctor.
Critical Illness Rider
: This rider offers a lump sum if the NRI is diagnosed with any listed critical illness covered in the policy.
Waiver of Premium Rider
: The waiver of premium rider helps ensure that if the NRI gets disabled or seriously ill, future premiums are waived.
Income Benefit Rider
: This rider offers regular monthly income to the nominee for a fixed period in addition to the lump sum payout.

Note: Rider availability, conditions, and eligibility under NRI term insurance can differ as per policy terms and applicant profiles.

Documents Required to Purchase Term Insurance for NRIs

The following table explains the documents that may be required to purchase NRI term insurance plans.

Document	Purpose of the Document
Passport	Used to confirm nationality, identity, and NRI/OCI/PIO status of the policy applicant.
Visa or Work Permit	May be required to prove legal residence and employment status in the country of residence.
Address Proof (India and abroad)	Helps confirm permanent and overseas address details as part of the verification process. This could be a utility bill, bank statement, or any government-issued document.
Income Proof	Used to determine the eligibility for the total coverage based on earnings and financial capacity. Income proof such as bank statements, salary slips, or tax returns may be required.
Recent Passport-size Photograph	Needed for application identification and official records.
Completed Application Form	Serves as the official request for purchasing a term policy for NRI.
Medical Examination Report (MER)	VMER (Video Medical Examination Report) or physical medical reports (if applicable), as required based on the applicant’s health and country of residence.
Proof of Funds	For the NRE account, a statement showing that the premium payment was made through the account.

In addition to standard documents, NRIs may also be required to submit a FATCA declaration to comply with tax regulations.

Can NRIs & OCI/PIOS Purchase Term Insurance Plans in India?

Yes, NRIs, OCIs, and PIOs can purchase term insurance in India if they meet eligibility criteria such as Indian origin, a valid passport, and completion of KYC formalities.

An NRI can buy a pure term plan for their family’s security that offers extensive life cover protection with a death benefit and no maturity benefits.

Some others may purchase a term plan with a return of premiums. In such policies, the death benefit is paid out on the policyholder’s death, but if they survive the tenure, the total premiums paid will be offered as a maturity benefit.

If an NRI wants to claim tax⁸ deductions under Section 80C & Section 10(10D) of the Income Tax Act, 1961, they must have a valid PAN card. They can apply for it while they are in India.

Who is Eligible to Buy Term Insurance for NRIs in India?

People living outside India may apply for NRI term insurance plans. The minimum age for term insurance for NRIs in India is 18 years. Eligible people include:

Non-Resident Indians (NRIs): Indians with valid passports living in other countries
Overseas Citizens of India (OCI)/Persons of Indian Origin (PIO): Foreign citizens who once had Indian passports, have Indian parents/grandparents, or married Indians
Foreign Nationals: People from other countries now living in India. Term insurance NRI plans tend to protect your family in India. These plans work even when you live in another country.

For NRI term insurance, companies might need documents from your current country. Also, costs tend to change based on where you live, your age, and your health. You may find suitable term insurance India for NRI from the many choices available.

Best Time for NRIs to Buy Term Insurance

The optimal timing for purchasing term insurance for NRI is early in life. Insurance companies may charge more as you grow older because health risks increase with age.

When you buy term insurance NRI early, you get:

Affordable premium rates that stay the same throughout your policy
Longer coverage period for better family protection
Less chance of being rejected due to health problems

Modern practices in insurance have enabled Non-Resident Indians to obtain term insurance for NRI in India by facilitating a video medical examination remotely. This may help you find the best term insurance plan for NRI at affordable rates.

Can NRIs Purchase Life Insurance Policies in India?

NRIs can purchase life insurance policies from anywhere. Here are the details:

While In India:

NRI can purchase policy when visiting India. It can be purchased through quick, digital process.
When outside India:

NRI can purchase the life insurance policy online from their current place of residence subject to our Board approved underwriting policy.

Benefit Options

Affordable Premiums
Global Coverage, Local Benefits
Easy Payment via NRE/NRO Accounts
NRI Taxation
GST Waiver for NRIs
Double Taxation Avoidance Agreement (DTAA)
DTAA benefits for NRIs

When you purchase a Term insurance plan from India, it is often more affordable compared to other countries. NRIs can take advantage of lower premiums for high coverage and secure their family’s future without the additional financial burden.

While your family is protected regardless of where you live, you also enjoy the benefits of local regulations and tax advantages, which are not always available in other countries.

You can pay premiums easily from NRE/NRO accounts, simplifying the process of managing your policy. Premiums can be paid in Indian Rupee, making it easier for NRIs to manage their policy payments.

NRI Taxation

In India, anyone earning income from India is subject to tax, including NRI. Depending on the type of income and asset, different tax rates apply.

As a result, NRIs would be taxed in India based on:

Income earned from real estate investments is taxed based on income tax slabs.
Fixed deposit income from NRO accounts is also taxed at slab rates.
The capital gain on the sale of a property, mutual fund, or share is taxed at special rates based on its type and how long it was held.

A small tax exemption is provided for interest earned on NRO FDs - such FDs produce negligible returns.

Why Choose CritiCash?

CritiCash helps you stay financially prepared by offering lump sum payouts upon the diagnosis of critical illnesses.

Eligibility:

Customer must be NRI, OCI or PIO
Country of residence should be foreign country
Payment should be done using NRE account
Applicable to Traditional, Term Plans and premium paying riders of ULIP policies

Documents Required:

Foreign Address proof
Bank statement reflecting the premium payment to TALIC submitted is of same NRE account from where payment is received.
Passport needs to be uploaded

Payment Mode:

NRI can use following payment modes:

Cheque
DD
NEFT
SWIFT
Pay vi link

Foreign incomes often face double taxation. For example:

An Indian resident investing in Singapore in house property may face taxation on rental income and capital gains in both Singapore and India.
A US resident investing in house property in India would face taxation on rental income and capital gains in both India and the US.

To address this issue, most developed countries have entered into Double Taxation Avoidance Agreements (DTAAs) to prevent double taxation and facilitate smooth trade and commerce.

DTAAs grant tax concessions on income earned by NRIs in India.
NRIs may be exempt from taxes in India for certain incomes or taxed at a reduced rate.

How to Buy Tata AIA NRI Term Insurance Plans in India?

Here is how NRIs and PIOs can buy Tata AIA term insurance plans from India or their country of residence:

Step 1
: Visit the Tata AIA Life Insurance official website and go to the term insurance section.
Step 2
: Review the available NRI term insurance plans and choose the one that suits your life stage and coverage needs.
Step 3
: Submit the completed application form and upload the necessary documents.
Step 4
: Mention your country of residence and provide details for KYC verification.
Step 5
: Schedule a telemedical or video medical check-up if not visiting India in person.
Step 6
: Once your application and documents are reviewed, you will receive confirmation and the schedule of your premium payments.

What is the Claim Process for NRIs for Term Insurance in India 2025?

Claiming term insurance for NRI in India involves a simple process that may help you receive insurance benefits with ease. The following are some steps to claim the NRI term insurance.

Step 1:
Contact Tata AIA by phone or email to report the policyholder's death. The customer support team guides you with the NRI term insurance claims process.
Step 2:
Submit your claim form, policy document, death certificate, medical report, etc. In addition to these documents, the team may ask for more documents for term insurance NRI claims.
Step 3:
Tata AIA conducts a thorough review of all your details and documentation.
Step 4:
After the team verified everything, you may get the approval of the claim, and the amount will be transferred to the nominee's account.

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FAQs on NRI Term Insurance

Can NRIs & OCI/ PIO buy term insurance online from abroad?

Yes, NRIs and OCI/PIOs can buy term insurance online using digital platforms supported by video KYC or online onboarding.

What are the factors to consider before NRIs & OCI/PIO purchase term insurance in India?

The following are the key considerations before buying NRIs & OCI/PIO term insurance in India.

Residential status as per FEMA and Income Tax rules.
Availability of medical test facilities.
Premium payment option through NRE, NRO, or foreign accounts.
Valid global coverage.

Is a medical examination mandatory for the NRIs & OCI/PIO to buy term insurance in India?

A medical examination is generally mandatory for NRIs and OCI/PIOs to buy term insurance in India. However, some insurers can allow telemedical or video medical exams based on the applicant’s profile and sum assured.

Can NRIs customise term insurance coverage and riders as per their needs?

Yes, NRIs can customise term insurance coverage and riders as per their needs. They can choose riders like critical illness, accidental death, or waiver of premium.

Can NRIs & OCI/PIO purchase multiple term insurance plans in India?

Yes, NRIs can hold multiple policies, but the total coverage should align with income, financial need, and insurer approval, as IRDAI sets no upper limit on non-standard plans.

What happens to my policy if I become an NRI after buying term insurance?

If you become an NRI, OCI, or PIO after buying a term insurance plan in India, your policy remains valid as long as you keep paying the premiums. You need to inform your insurer about your change in residency status.

Are term insurance death benefits for NRIs valid globally?

Yes, the death benefits are valid globally, and the nominee can receive the sum assured irrespective of the country of residence.

What are the premium payment options for NRIs buying term insurance?

The premium payment options for NRIs buying term insurance are as follows.

Payment Mode	Details
NRE Account	Can be used for tax-free⁸ payments and premium payments in INR.
NRO Account	Allows premium payments from income earned in India; taxable if applicable.
Foreign Bank Card	Useful for direct online payments from the country of residence.

Are the premiums for NRI term insurance higher than for residents?

No, premiums for NRI term insurance are generally not higher than for residents if risk factors are similar. However, premiums may be higher if the NRI has medical conditions or lives in a high-risk country with political instability or higher mortality rates.

Are there any tax benefits for NRIs & OCI/PIO with term insurance?

NRIs and OCI/PIOs are eligible for tax benefits⁸ on term insurance in India, such as deductions on premiums under Section 80C and tax-free death benefits under Section 10(10D) of the Indian Income Tax Act.

Is the death benefit taxable for NRIs?

The death benefit from a term insurance policy is tax-free for NRIs under Section 10(10D) of the Indian Income Tax Act, irrespective of the premium paid or the sum assured.

How does GST impact term life insurance policies for NRIs in India?

NRIs may get a GST refund or waiver on term insurance premiums in India if they pay from an NRE account and opt for annual payments.

Eligibility Criteria	Requirement
NRI Status	Must be an NRI, OCI, or PIO
Payment Mode	Premium paid from NRE account

How does GST impact term life insurance policies for NRIs in India?

GST on term life insurance premiums for NRIs in India is 18%. However, NRIs may get a GST waiver if they pay premiums from an NRE account subject to prevailing GST laws.

How can an NRI & OCI/PIO make a term insurance claim?

Here is how NRI & OCI/PIO can make a term insurance claim.

Online Mode:

Notify the insurer via email or their online portal.

Upload required documents (death certificate, ID proof, policy details, etc.) digitally.

Track claim status online; payout is credited to the nominee’s account.

Offline Mode:

Visit the insurer’s branch office.

Submit physical copies of required documents (death certificate, policy papers, etc.).

Insurer processes the claim and credits the payout to the nominee’s bank account

Can NRIs transfer their term insurance policy to another family member?

No, NRIs cannot transfer their term insurance policy to another family member as per IRDAI rules. A term policy is non-transferable and stays in the name of the insured individual throughout the policy duration.

Can NRIs nominate beneficiaries residing outside India?

Yes, NRIs can nominate beneficiaries residing outside India at the time of purchasing or updating their term policy.

Are NRIs required to have a PAN card to buy term insurance in India?

Yes, usually insurers require a valid PAN card to complete KYC and comply with tax regulations.

What is the role of NRE and NRO accounts in paying insurance premiums?

NRE Account: Enables NRIs to pay insurance premiums using foreign income. Payments made in foreign currency from an NRE account may be GST-free and can also be eligible for Section 80C tax benefits⁸, if the NRI has taxable income in India.
NRO Account: Used to pay premiums from income earned in India (like rent or dividends). GST may apply on premiums paid via NRO account, and TDS may be deducted unless exempted under Section 10(10D).

Can an OCI take a term insurance plan in India?

Yes, an OCI can take a term insurance plan in India by meeting the eligibility criteria, which include:

A valid Overseas Citizen of India (OCI) card

Valid identity and residence proof (Indian or foreign)

Completion of KYC procedures and medical checks as per the insurer’s rules

How can NRIs pay premiums from abroad?

NRIs can pay premiums using NRE/NRO accounts, international credit cards, or internet banking from their country of residence.

What happens if I become a resident of another country after purchasing the policy?

If your residency status changes, the policy will remain active. You need to inform the insurer and update your contact information, new country of residence, and tax residency status through required documents like a passport or a FATCA declaration.

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What is Term Insurance For NRI?

Our Best Selling Term Plan for NRIs:

Sampoorna Raksha Promise

Maha Raksha Supreme Select

Who is NRI?

Who is OCI?

Features of Term Insurance for NRIs

Choice of Policy Term

Choice of Coverage Amount

Premium Payment Options

Easy Premium Payments

Benefits of Term Insurance for NRIs & OCI/PIO

High Coverage at Affordable Premiums:

Telemedical/Video-medical Check-up:

Financial Protection:

Rider Benefits:

Whole Life Coverage:

Return of Premium:

Life Stage Benefits:

Tax Benefits:

Why Should NRIs Purchase a Term Plan from India?

Cost-Effective Protection for Loved Ones:

Significant Tax Advantages:

Convenient Payment and Management:

Global Coverage with Local Benefits:

Simplified Process Despite Distance:

How Does the Term Insurance for NRIs Work?

What Riders are Available with NRI Term Insurance Plans?

Accidental Death Benefit Rider

Terminal Illness Rider

Critical Illness Rider

Waiver of Premium Rider

Income Benefit Rider

Documents Required to Purchase Term Insurance for NRIs

Can NRIs & OCI/PIOS Purchase Term Insurance Plans in India?

Who is Eligible to Buy Term Insurance for NRIs in India?

Best Time for NRIs to Buy Term Insurance

Can NRIs Purchase Life Insurance Policies in India?

While In India:

When outside India:

Benefit Options

NRI Taxation

Why Choose CritiCash?

How to Buy Tata AIA NRI Term Insurance Plans in India?

Step 1

Step 2

Step 3

Step 4

Step 5

Step 6

What is the Claim Process for NRIs for Term Insurance in India 2025?

Step 1:

Step 2:

Step 3:

Step 4:

Need more information

FAQs on NRI Term Insurance

Can NRIs & OCI/ PIO buy term insurance online from abroad?

What are the factors to consider before NRIs & OCI/PIO purchase term insurance in India?

Is a medical examination mandatory for the NRIs & OCI/PIO to buy term insurance in India?

Can NRIs customise term insurance coverage and riders as per their needs?

Can NRIs & OCI/PIO purchase multiple term insurance plans in India?

What happens to my policy if I become an NRI after buying term insurance?

Are term insurance death benefits for NRIs valid globally?

What are the premium payment options for NRIs buying term insurance?

Are the premiums for NRI term insurance higher than for residents?

Are there any tax benefits for NRIs & OCI/PIO with term insurance?

Is the death benefit taxable for NRIs?

How does GST impact term life insurance policies for NRIs in India?

How does GST impact term life insurance policies for NRIs in India?

How can an NRI & OCI/PIO make a term insurance claim?

Can NRIs transfer their term insurance policy to another family member?

Can NRIs nominate beneficiaries residing outside India?