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NRI Centre

NRI Centre

Welcome to NRI Centre, where we provide comprehensive information about LIC plans that cater to the specific needs of NRIs (Non-Resident Indians).

People of Indian origin are categorized into two categories

  • Non-Resident Indian wherein the person must be an Indian Citizen with a valid Indian passport. He/she may be currently residing in another country, but do not hold citizenship of the foreign country.
  • Foreign National of India Origin (FNIO) wherein the person resides in a foreign country and also holds the citizenship of that country.

Conditions applicable for NRIs/FNIOs/PIOs/OCI Holders are:

  • Policies are issued in Indian Rupees only
  • NRIs can apply for a LIC policy during their visit of stay in India.
  • NRIs may also take their LIC insurance cover during their stay abroad. All formalities are completed in their present country of residence through the Mail Order Business. Call us at +91-9230091000 to discuss your requirements.
  • Minimum Sum Assured is Rs. 10 lakhs and maximum subject to conditions of insurability.
  • Under the Mail Order Business, the maximum sum assured allowed is Rs. 3 crore.
  • Applicant must provide proof of income in the form of income tax returns, copy of employment contract along with salary slips, Certificate from Chartered Accountant.
  • Personal Financial Questionnaire must be filled in case the sum assured is high or policy is applied through Mail Order Business.
  • Benefits of Critical Illness are not granted.
  • Term Rider Benefit is restricted to a certain limit of Sum Assured.
  • Maximum Sum Assured is restricted in respect to term insurance plans.
  • NRI is eligible for insurance cover under Non-Medical (Special) scheme provided:
    • Insurance cover is applied for during NRI's visit to India or through Mail Order Business wherein LIC agent completed the formalities by visiting the applicant's country of residence.
    • Proposer is not more than 50 years old.
    • Proposer is a professional employed in a Government or reputed commercial company
    • Proposer resides in Group V countries only.
    • Proposer does not apply for high-risk cover with term rider benefits.
  • Medical Report is mandatory if the proposer is not applying under the Non-Medical Scheme.
  • The proposer must submit an attested copy of Passport, proof of age and income.
  • An extra premium may be charged for residents of countries categorized in group I to IV
  • FNIOs must hold OCI Card to apply through Mail Order Business
  • Children of NRIs born in foreign country are also eligible to take LIC policy through Mail Order Business


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