NRI Life Insurance

NRI Life Insurance is essential for individuals living abroad, irrespective of their current location. It is a must-have insurance policy that ensures the well-being of your family in case of an eventuality, given that you are the breadwinner in the family. The insurance payout received can be a great way for your family to restart their life in India, meet their everyday expenses, and maintain their existing lifestyle.

Adequate Financial Coverage

Payment Methods

Hassel-Free Experience

GST Waiver~4 of Up to 18%

Disclaimer: ~4Subject to submission of all documents required for GST waiver.

Why Buy Life Insurance for NRI in India from Max Life Insurance Company?

99.51% Claims Paid Percentage

(Source: Individual Death Claim Paid Ratio as per Audited Financials for FY 2022-2023)

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₹1,397,142 Cr. Sum Assured

In force (individual) (Source: Max Life Public Disclosure, FY 2022-23)

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₹122,857 Cr. Assets Managed

(Source: Max Life Public Disclosure, FY 2022-23)

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Why Buy Life Insurance for NRI in India from Max Life Insurance Company?

Non-Resident Indians
  • Indian citizens with a valid Indian passport, temporarily residing in a foreign country

Foreign Nationals

  • Citizens of a foreign country, currently residing in India

Person of Indian Origin (PIO)/Overseas Citizen of India (OCI)

  • Citizens of foreign countries other than Pakistan or Bangladesh who fulfil one of the below criteria Had held an India passport earlier Parents or grandparents were Indian citizens by virtue of the Citizenship Act, 1955 or Constitution of India Applicant is the spouse of an Indian citizen

Benefits of the Best life insurance policy in India for NRI

Benefits of the Best life insurance policy in India for NRI

  • Adequate financial coverage
  • Flexibility
  • Payment methods
  • Hassel-free experience
  • GST waiver of up to 18%

Reasons to Purchase Life insurance policy for NRI in India

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Financial Security

To ensure financial security of their family by compensating for loss of income, in case of death of the policyholder

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Outstanding Debt

To ensure that the burden of any unpaid or outstanding debt does not impact the finances of their loved ones

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Diversify Investments

To diversify investments and avail the benefit of investing in a growing economy like India through the well-regulated Indian life insurance industry

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Tax Benefits

For availing tax benefits under Section 80C of the Income Tax Act, 1961 on any income the policyholder might be earning in India