Best online term insurance for nri
Non Resident Indians can buy online term insurance plans. The NRI can purchase the policy from overseas through written communication with the insurance company in India. There may be certain additional costs in such case. For instance, if you purchase the policy from abroad, Policy Term: Term insurance policy for NRI generally can have tenure from 6 months to 25 years. The minimum age for getting NRI insurance is 18 years and the maximum age varies from 55 to 60 years depending on the terms and conditions stated in the policy. Premium and Sum Assured: Sum assured for NRI term plan varies from a minimum of Rs. 2 lakhs to a maximum of Rs. 1 crore.