NRI Insurance
Other than the residents of India, Max Life Insurance policy can be bought by:
Non-Resident Indians:
A citizen of India (holding a valid passport issued by Govt. of India) and temporarily residing in the country of his / her present residence.
Person of Indian Origin:
A citizen of any country other than Bangladesh or Pakistan, if:
Buying a policy from us has never been easier.
If you want to avail of a new policy or enquire about an existing policy,
You can pay in Indian Rupee equivalent foreign currency from your foreign bank account:
By instructing your Banker to remit money electronically through SWIFT into our bank account
Renewal Premiums:
Besides the options mentioned above, you can also pay via the standard premium paying options provided.
Please note:
We don’t accept premium payments in cash or through Credit Cards issued outside India.
Settlement Guidelines:
Remittance of bonus, maturity proceeds, surrender value or claims proceeds in respect of Rupee policies, issued to foreign nationals who are not permanent residents in India, may be paid in Indian Rupees or may be remitted abroad, if the claimant so desires.
- We at Max Life Insurance understand your quest to stay protected and save for your long term needs.
- So, we provide customised solutions to cater to your specific needs as a Non Resident Indian (NRI) or Person of Indian Origin (PIO) or a Foreign National.
- Apart from providing services to the Indian diaspora based all over the world, we are equally focused on welcoming the Returning Global Indians with open arms.
- Our NRI pension plans registered in UK with Her Majesty’s Revenue and Customs (HMRC) give a unique opportunity for returned Indians from UK to transfer their Pension corpus accumulated in UK.
- This undoubtedly makes their homecoming sweeter by helping them participate in the India Growth story and savour the golden years of their life with dignity & respect.
Other than the residents of India, Max Life Insurance policy can be bought by:
Non-Resident Indians:
A citizen of India (holding a valid passport issued by Govt. of India) and temporarily residing in the country of his / her present residence.
Person of Indian Origin:
A citizen of any country other than Bangladesh or Pakistan, if:
- At any time held Indian passport; or
- He or either of his parents or grandparents were a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (57 of 1955); or
- The person is a spouse of an Indian citizen or a person referred to in sub-clauses above
- Foreign Nationals: A person, who is a citizen of a foreign country but based in India
Buying a policy from us has never been easier.
If you want to avail of a new policy or enquire about an existing policy,
You can pay in Indian Rupee equivalent foreign currency from your foreign bank account:
By instructing your Banker to remit money electronically through SWIFT into our bank account
Renewal Premiums:
Besides the options mentioned above, you can also pay via the standard premium paying options provided.
Please note:
We don’t accept premium payments in cash or through Credit Cards issued outside India.
Settlement Guidelines:
Remittance of bonus, maturity proceeds, surrender value or claims proceeds in respect of Rupee policies, issued to foreign nationals who are not permanent residents in India, may be paid in Indian Rupees or may be remitted abroad, if the claimant so desires.
- Remittance of bonus, maturity proceeds, surrender value or claims proceeds shall be made in Indian Rupees.
- In the event the premium is paid in foreign currency, the remittance will be permitted only in proportion to the premium paid in the foreign currency.
- Remittances in respect of policies issued to NRIs, for which premium have been collected in non-repatriable Rupees may be paid only in Rupees by making credit to the NRO account of the beneficiary. This would also apply in cases of death claims being settled in favour of non-resident assignees / nominees
****