New Delhi, April 10 -- Purchases of term insurance by Non-Resident Indians (NRIs) from India have doubled over the past two years, driven largely by younger buyers, according to a report by Policybazaar.

The report highlighted that ongoing geopolitical tensions, particularly in West Asia, have led to a sharp rise in demand, with a 35 per cent month-on-month spike in term insurance purchases.

It stated "NRI term insurance purchases from India have doubled in 2 years, led by younger buyers. West Asia conflict has led to a 35 per cent MoM spike."

According to the findings, individuals aged 25-35 now account for 54 per cent of the total demand, up from 44 per cent in 2024. This indicates a significant shift towards younger buyers, reflecti...