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5 points to consider for NRIs buying life insurance in India

Whats in it for you

Life insurance is undoubtedly the most attractive long-term savings and protection option today. While it has traditionally been among the favourite investment options in India for non-resident Indians (NRIs), high economic growth in India combined with customer-friendly regulatory atmosphere in the insurance space has significantly upped the ante. With every passing year, more and more NRIs and persons of Indian origin (PIO) are buying life insurance products in India. However, non-residents by virtue of their being separated in space and time from fast evolving local realities need to bear in mind the following aspects while investing into this lucrative space.

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