Guwahati, April 29 -- A life insurance plan for NRIs is a financial plan that offers financial security to Indian citizens residing outside India. This plan offers a death benefit to the policyholder's family members in case of their demise. The premium can be paid either in Indian or foreign currency, depending on the source of payment. This plan secures NRIs & their family members during all financial hardships by providing a huge range of flexible life insurance plans, helping to achieve financial objectives.

The following is the list of individuals who can buy a life insurance plan in India:

i. Non-Resident Indians (NRIs)

They are Indian citizens who live abroad for education or work purposes & qualify as NRIs if they reside for mo...