Term Insurance for NRI
NRI term insurance is a life cover designed specifically for Non-Resident Indians. These plans allow you to choose a customised sum assured, flexible payout options- lump sum or instalments, and let you pay premiums online. Some insurers also accept NRE/NRO accounts or international transfers for convenience.
For example, an NRI in Dubai with a 2 crore plan ensures that their family in India can repay loans, manage daily expenses, cover children's education or marriage if something unexpected happens.
Peace of mind across borders
Ensures your dependents have financial security for daily needs.
Pays outstanding home or personal loans regardless of currency.
Covers repatriation and unexpected expenses abroad efficiently.
Guards against income loss due to exchange rate fluctuations.
Your Shield, Your Peace
Get high coverage at affordable rates for your family.
Choose global protection with an extended policy duration.
Pay via INR, NRE/NRO accounts, or international transfers.
Premiums deductible, death benefits are tax-free under the law.
Buy policies digitally with instant, paperless issuance.
Pay premiums for a shorter period than the full term.
Pays a lump sum on a major illness diagnosis, like cancer or heart disease.
A lump sum amount is paid if diagnosed with a terminal, untreatable illness.
Remaining future premiums waived if permanently disabled or injured.
You will receive an extra payout if death occurs due to an accident.
Peace of mind across borders
Coordinating detailed medical exams or tele-medical checkups from abroad is difficult.
Choose insurers offering video consultations, tele-medical exams, or fully digital applications, as it’s specific to insurers who provide these digital services
Most documents needed to purchase life insurance (identity verification documents; visa/residency documents) need notarised/certified/embassy-verified; this can incur high fees and take time.
Keep all documentation completed before travelling to the insurance company, or use digital platforms for submitting when possible.
Some countries limit the total amount of coverage insurers can provide based on where the NRI lives or provide temporary coverage for a limited length of time.
Before purchasing a life insurance policy, confirm your eligibility by country and ensure that you will disclose your NRI status so your claim is not denied.
Premium payments may require NRE/NRO accounts or foreign currency, causing complexity
Use NRE/NRO accounts and choose policies that accept INR or foreign currency as convenient.
Peace of mind across borders
| Insurer name | Plan name | Entry age | Max coverage | Key features |
|---|---|---|---|---|
| Tata AIA Life Insurance | Tata AIA Maha Raksha Supreme | 18-60 years | Up to 85 yrs / whole life till 100 yrs | Terminal illness payout (50% sum assured), Life Stage Plus for cover increase, critical illness & accidental riders, flexible pay options |
| Axis Max Life Insurance | Axis Max Life Smart Term Plan Plus | 18–50 yrs | Up to 85 yrs | Return of Premium variant, Smart Cover, whole life option, critical illness & accidental riders, flexible pay terms |
| HDFC Life Insurance | HDFC Life Click 2 Protect Super | 18-50 years | Up to 85 years | Return of Premium variant, Smart Cover, whole life option, critical illness & accidental riders, flexible pay terms |
| ICICI Prudential Life Insurance | ICICI Pru iProtect Smart | 18-50 years | Up to 85 years | Flexible payout options, critical illness options |
About Us
Policyx provides multiple insurers on one platform. This makes the price and feature comparison easier.
We believe in transparency. All the information about policies are clearly visible on the website, be it exclusions.
We support customers from application to policy issuance. PolicyX also stands with clients during claims.
The following are the documents required to buy a term insurance as an NRI:
Pick a plan that fits your Dubai income, financial duties in India, and long-term goals. Review policy terms, claim ratio, rider benefits, and payment options like NRE or NRO before applying. Keep your passport, visa, and income proof ready, choose a cover based on your earnings and liabilities, and disclose all details clearly. A well-chosen NRI term plan ensures your family in India stays financially protected while you work in Dubai.
Term insurance for NRIs is a life cover designed for Non-Resident Indians, offering financial protection for repaying loans, family, and supporting plans in India.
Yes, NRIs can buy term insurance if they meet criteria such as minimum income, residency documents, educational qualifications and are not restricted to certain countries.
Yes, NRIs in the UAE can purchase term insurance online in India using NRE/NRO accounts, submitting required documents, completing eKYC, and finishing medical tests.
Typically, NRIs can apply between the ages of 18 and 60 years, relying on the insurer and particular plan terms or maximum coverage age limits.
Premiums may be lower in India because of local pricing, risk-based underwriting and lower administrative costs, even when paid from NRE/NRO accounts abroad.
Yes, most NRI term insurance plans provide global coverage, even death outside of India.
A nominee can be a family member or a legally recognised dependent in India. Nominees receive the death benefit in Indian bank accounts.
Genuine, honest, and hassle-free
Advice that fits your life
24/7 hassle-free claim support
24/7 Helpdesk Support
We're here whenever you need us
Policy Support
General inquiries & updates
Claim Services
Immediate assistance
Escalations
Direct management contact
ChatGPT
Claude
Perplexity
