1. From the UAE, I’ll be moving to Saudi Arabia soon. What will happen to my life insurance policy?

Your policy will still remain valid even after relocation to a new country. However, it’s important that you inform the insurance company about your change of residence. There are certain factors that could impact the terms of your policy.

2. I recently purchased a life insurance policy in the UAE. Can I buy a life insurance plan in India?

Yes, NRIs in the UAE can buy life insurance in India even if they have an existing plan in their country of residence. Just make sure you declare the same when you are buying life insurance in India.

3. As an NRI in the UAE, what should I consider before buying life insurance from India?

Buying life insurance is a big decision. Make sure you consider your obligations, your family’s future needs, and your long-term financial goals. Think about how much coverage you truly need and which type of policy suits you best. You can choose between term insurance , whole life, or a ULIP. Also, check the insurer’s claim settlement ratio, their customer service and overall reputation.

4. Should I opt for riders in my life insurance policy?

Riders help you enhance the coverage of your existing policy at a nominal charge. You can opt for a critical illness rider, accidental death, premium waiver, etc, which are offered by most insurers.

Life Insurance Plans for NRIs in UAE 2025

Calling From	Phone Number
Calling us from INDIA	18002097272 (Toll Free)
Rest of the World	+912067871700 (Call charges apply)

When it comes to life insurance, no two people have the exact same needs. Therefore, it is essential that you choose a life insurance plan that suits your needs and preferences, especially as an NRI in UAE. Here are the different types of life insurance plans in India ^{[5] and [8]}:

Term insurance plan

One of the basic life insurance plans that provides coverage for a fixed period. These plans usually don’t offer any maturity benefits, making them more affordable. However, if you choose the refund of premium option, the premiums paid are returned on maturity. Term plans provide life coverage and pay a death benefit if the life assured passes away during the policy term. NRIs in UAE can also buy term plans in India at lower premiums and enjoy the benefit of rupee-based investments while protecting their families.
Endowment policy

This is a savings-oriented life insurance plan which covers the risk of premature demise and also has a maturity benefit. If the life assured passes away during the policy term, a death benefit is paid. On the other hand, if the life assured is alive when the policy matures, a maturity benefit is paid.
Unit Linked Insurance Plan (ULIP)

This plan offers dual benefits—life insurance coverage and wealth building. Premiums are split between life cover and investment, allowing the policyholder to participate in the financial market and earn market-linked returns. There are also the flexible benefits of partial withdrawals and switching. ULIPs are popular among NRIs as these plans allow investments in market-linked funds alongside providing life insurance cover and tax benefits under Indian tax laws.
Money Back Policy

Similar to an endowment policy, but with periodic payouts during the policy term. These survival benefits are distributed over the policy's duration.
Whole Life Policy

This insurance policy offers coverage for the life assured's entire life. The policy covers the life assured up to 99 or 100 years of age. In case of death during the coverage term, a death benefit is paid. However, if the life assured survives the tenure, a maturity benefit is paid.
Child Plan

Child plans secure a child's financial future and often include an inbuilt premium waiver, where the insurer covers premium payments if the parent passes away, ensuring the plan continues.
Annuity/Pension Plan

Annuity Plans accumulate premiums as assets and pay them out as regular income (annuity) or a lump sum after retirement, based on the policyholder's preferences.

A life insurance policy holds great significance. No matter what your country of residence is, if you have family members who depend on you, you should invest in a suitable life insurance policy. As an NRI living in UAE, buying a life insurance policy in India can be a smart move. Take a look at the following reasons to understand how a life insurance plan helps you both financially and emotionally.

When you buy a life insurance policy in India, you can ensure financial protection for your loved ones back home. If something happens to you when you are thousands of miles away, a life insurance plan ensures that they remain financially secure.
Life insurance premiums in India are typically affordable.
If you were earlier an NRI in UAE, but moved to a different country, your life insurance policy stays active even after relocation. Just make sure you inform your insurer about the change in residence.
Another benefit for you as an NRI in UAE is that you can save on taxes. Under Section 80C and 10 (10D), you can get tax benefits against the premiums that you pay and the payouts that are received.
When you explore life insurance options in India, you will realise that even as an NRI, there are many options to choose from. You can choose one that aligns with your goals, be it protection, savings, or investment.
Life insurance is essential for good financial planning. The right plan can help you build enough corpus for a long-term goal. A savings or investment-oriented policy can offer beneficial maturity benefits.

As an NRI in UAE, whether you are an entrepreneur, a salaried employee or even a homemaker, you need life insurance. Women, even as homemakers with no income, have an economic value and thus need life insurance.