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Term Insurance for NRIs in Kuwait

Kuwait and India have always had friendly ties, with NRIs in Kuwait often serving as the connecting bridge. As of today, the country highly depends on the Indian workforce. In fact, 30% of its total workforce and 21% of its total population are Indians.^¹

NRIs settle in Kuwait for a variety of reasons. With a sizable Indian diaspora already existing, the newcomers find it easy and familiar to move in with readily available support systems and cultural familiarity. Read More

NRIs in Kuwait have generally built a steady life with stable jobs, opportunities, and more. However, there might be one concern for NRIs in Kuwait, that being their families or loved ones staying back in India. While you're earning abroad, one crucial step to protect your financial future is to obtain term insurance. This ensures your loved ones won't have to take financial stress and are financially secure even when life takes an unexpected turn.

Read on to learn and understand how term insurance for NRIs in Kuwait can be a wise financial decision. Read Less

Health Management Services upto ₹36,500p.a.^{^^}

Zero Commission^$

Tax Benefits upto ₹46,800^##

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Term Plan @ ₹21/Day^* 200% Premium Back

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Term Plan @ ₹15/Day^* 200% Premium Back

Tax Free Returns^

Guaranteed* Returns Plans 100% Guaranteed* Returns

Life Cover

Savings Plan Avail Tax Benefits*

From ₹3000/ Month

26.7% CAGR Returns* Zero LTCG Tax*

From ₹ 3,000/Month

ULIP Plans Loyalty Additions¹

Keep these Documents Handy
Photo	Colored Photo
PAN Card	PAN Card/ Form 60
Age proof (Any one)	Passport Aadhar card Driver’s License Birth Certificate Baptism Certificate of PAN card
Income documents (Any one)	Last 6 months Bank statement with salary credit Form 16 Last 3 years ITR with Computation of Income (COI) Last 3 months salary slip + Last 6 months bank statement showing salary credited
Address proof/ID proof (Any one)	Passport Aadhar card Voters ID Driver’s License

^*Above illustration is for Bajaj Allianz Life eTouch- A Non-Linked, Non-Participating, Individual Life Insurance Term Plan(UIN:116N172V04) considering Male aged 22 years | Non-Smoker | Policy Term (PT)– 30 years | Premium Payment Term(PPT)– 30 years | Sum Assured opted is Rs. 5,00,00,000 | Online Channel | Standard Life | 1st Year Premium is Rs. 18,038. 2nd Year onwards premium Rs. 19,257. Total Premium Paid is Rs. 5,76,491 | Medical Rates | Yearly Premium Payment Mode | Death benefit opted is lumpsum payout and monthly instalments (Lumpsum Payout Percentage: 45, Income Payout Percentage: 55) | Premium shown above is inclusive of Online Discount only and exclusive of Goods & Service Tax/ any other applicable tax levied, subject to changes in tax laws, and any extra premium and is for illustrative purpose only.For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale.

^**The output generated through calculator are on the basis of the data inputted by you and is being provided to you solely for your reference purpose and not to be construed as investment advice. Please seek independent advice from your insurance consultant before making any investment decisions. While proper caution has been taken in designing this calculator, Bajaj Allianz Life Insurance Co. Ltd. assumes no liability for the accuracy of the information and data provided in this tool.

^##Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.Above Tax benefit is calculated considering deduction of Rs. 150,000 and applicable tax rate of 31.20%.

^@Term Insurance plan bought online directly from Bajaj Allianz Life Insurance has no commissions involved.

^{^^}Get Free Benefits up to ₹ 14,000 per year

S No.

Value Added Service

Frequency

Cost (₹)

Doctor Teleconsultations

Consultation per month
= 24 consultations per year

Average cost per session = ₹500
Total cost per year = ₹500 * 2 * 12 = ₹1200

Network Discounts
Medicines (M) - 10%, Lab Booking (L) - 10%,
In-Patient Hospitalization (P)- 5%,
Out-Patient Consultation (O) - 10%

Throughout the year

Assumption - Total Expenses of these throughout the Year	Total Discounts that can be availed throughout the year
M - ₹5,000	₹500
L - ₹5,000	₹500
O - ₹5,000	₹500
P - ₹10,000	₹500

Total per year as per assumptions

₹ 14,000

Note: The above mentioned costs are based on estimated average market price for respective services.

Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No. 116

Written ByShruti Gujarathi

AboutShruti Gujarathi

Shruti Gujarathi has 5 years of experience in the BFSI sector, and as Manager – Digital Marketing at Bajaj Allianz Life Insurance, manages digital and content marketing. She has had hands-on experience in content strategy, performance marketing and Strategic Alliances over a career spanning 10 years, with deep expertise in insurance domain.

Reviewed ByRosy Pathak

AboutRosy Pathak

Rosy Pathak, AVP- Product and Brand Marketing at Bajaj Allianz Life Insurance carries over 17 years of experience in Marketing and a demonstrated history of working in the insurance industry. She is skilled in Product Management, Planning and Strategy, Project Management, Marketing and Communication.

Types of Term Insurance Plans Available to the NRIs of Kuwait
How does term insurance for NRIs in Kuwait Work?
Reasons to Buy Term Insurance for NRIs in Kuwait
Features of Term Insurance for NRIs
Documents required for term insurance plan
Eligibility criteria for buying term insurance plan for NRIs in India
How do you purchase term insurance for NRIs in India?
Why Bajaj Allianz Life Insurance ?
FAQs

Types of Term Insurance Plans Available to the NRIs of Kuwait

Having term insurance in India helps NRIs in Kuwait build a financial net for their loved ones. Further, it is easily accessible, with a variety of benefits, ranging from global coverage and hassle-free medicals to easy payment options available. Consider understanding the different types of term insurance available to ensure you choose the policy that best aligns with your financial goals and requirements.

Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCI) can use life insurance to ensure their loved ones in India stay financially secure.

The following types of plans are available:⁴

Level term plans – these are the basic term plans where the sum assured remains constant throughout the policy term.
Increasing term plans – under these plans, the sum assured increases during the policy term either by a specified percentage or by a specific amount.
Decreasing term plans – under these plans, the sum assured reduces during the policy term. These plans are usually issued with loans wherein the decreasing sum assured corresponds to the decreasing value of the outstanding loan amount.
Term plans with return of premium – normal term insurance plans usually do not pay any benefit if the term expires and the life assured is alive. However, under these plans, the premiums paid during the policy term are refunded back on maturity.

How does term insurance for NRIs in Kuwait Work?

Buying term insurance in India for NRIs in Kuwait is easy and convenient. However, there are certain things they must consider before availing the plan. For instance, the country of residence may have an impact on eligibility and premium payments. Additionally, there might be additional requirements varying based on the insurer. For instance, some might ask for telemedical screening.⁵

However, your term insurance plan remains valid and works very similarly even when you move abroad. A few things that have to be taken care of are the premium payments that have to be made in a timely manner. Additionally, there are some key components in your term insurance plans.

These include:

The sum assured
Policy term
Premium paying term
Premium paying frequency
Optional riders, if any

Based on these details, your age and other risk factors, the premium is determined. You pay the premium over the chosen premium paying term and in the selected frequency. NRIs in the UAE can pay the premiums through direct bank transfers using NRE or NRO bank accounts in the form of SWIFT transactions.

During the policy tenure, if the life assured passes away, the death benefit is paid. On the other hand, if the policy matures and the life assured is alive, no maturity benefit is paid. However, if you have opted for the return of the premium term plan, your premiums will be refunded on maturity.

Reasons to Buy Term Insurance for NRIs in Kuwait:

Typically, NRIs in Kuwait have to build a good life with stable jobs and income. However, their profound bond with their families and close ones is something unbreakable. With their loved ones staying there and growing older, more and more NRIs are availing of term insurance in India.

Here are some compelling reasons to consider buying term insurance for NRIs in Kuwait.

Affordable Insurance Products

As mentioned earlier, more and more NRIs are favouring Indian insurance products, leading to a surge of 50% over the last two years.² The reason behind this is very simple: availability of comprehensive products, that too with easy, affordable premiums.²

Helps You Save Taxes

Policies like term insurance plans also qualify for tax-saving benefits. For instance, the policy premiums are eligible for tax deductions under section 80C of the Income Tax Act of 1961, in case of old tax regime. The death benefit or sum assured received by the nominee is tax-free under section 10(10D) of the Income Tax Act, 1961. Therefore, a term plan cuts the overall insurance costs for individuals.²
Protect family’s welfare:
With majority of NRI policy buyers, ranging between 31-40 years old, the need to safeguard your family's well-being and financial needs has become the need of the situation.²
Demographic Shift

Around 12% of total term insurance buyers in India are NRIs. This is basically part of a bigger trend, which is a demographic shift. As per the UN estimate, the elderly demographic is said to be doubling by 2050. This shift in population is also one of the reasons for the change in buyer behaviour.²
Comprehensive Coverage and Optional Riders

Another prominent reason why NRIs in Kuwait may consider buying term insurance in India is because of its comprehensive coverage. Term plans in India can be extended for several decades, sometimes even more than 40 years. In addition to that, you may add optional riders available at a nominal additional premium like accidental death benefit rider , critical illness bene, and so on.
Remote Check-Ups

Term insurance in India can help you avail coverage of up to ₹5 crore with simple tele-medical checkups. This eliminates the need for countless physical visits, making checkups easier, convenient and more accessible at all times. ³

Features of Term Insurance for NRIs

Some of the salient features of term plans are as follows –

NRIs can choose an optimal coverage based on their needs.
The premium that you pay depends on several factors, including the coverage you opt for, your age, medical history, add-ons that you choose, and country of residence.
A long-term policy tenure is allowed for maximum protection. Some term plans might also offer the whole life feature wherein the coverage runs up to 99 or 100 years of age.
You can choose to pay the premium regularly, for a limited tenure or in one lump sum.
The available premium payment frequency includes annual, monthly, quarterly, or half-yearly.
Optional riders are available at an additional premium and can be added to the policy either at the time of purchase or on subsequent renewals.
Some term plans might also allow you to increase the sum assured on specific events like marriage and childbirth. This helps you enhance the coverage to meet the increased financial responsibilities^[6].

Documents required for term insurance plan

Most of the documents required for buying a term insurance plan are similar for resident Indians and NRIs. However, some additional documents might be needed for NRIs. The common documents include the following –

Completely filled Proposal form
A valid copy of passport copy
Age proof, Valid KYC documents, PAN/Form 60
NRI & Foreign Travel Questionnaire
FATCA/CRS declaration with Tax Identification Number (TIN) of the country of residence or equivalent details
NRE bank statements & standard income documents are subject to the requirement
Resident ID card for Gulf countries
Supporting documents in case of GST waiver benefit required.

Note: Individuals and businesses earning income from abroad can claim tax relief under the Double Taxation Avoidance Agreement (DTAA). For this, you need to fill in Form 10F and submit it with a Tax Residency Certificate.

Eligibility criteria for buying term insurance plan for NRIs in India

NRIs have to qualify for the eligibility parameters specified by the insurance company to buy a term insurance plan in India. Some of the common eligibility parameters for buying a term insurance plan are as follows –

Age – There is a minimum and maximum age bracket for buying term plans. NRIs falling within this bracket can buy the policy.
Income – NRIs should have a steady source of income to pay the premium of the policy.

How do you purchase term insurance for NRIs in India?

The past few years have transformed the insurance industry in the country. From the way you buy life insurance to how it can be claimed, everything has been simplified. NRIs who live in Kuwait have the option to buy a term insurance policy in India either online or offline. They will have to send the relevant documents through mail to the insurance company,

They can undergo medical tests at the available medical facility in Kuwait and share the reports over mail, or undergo telemedical as required by the insurer. Physical and video options are allowed in India as well as outside India.

To pay the premium, you can make the payment in cash, cheque or demand draft when you are in India. Alternatively, you can also make online payments to buy the plan. The premium has to be paid in Indian Rupee (INR). As such, you should have an NRO or NRE Bank Account in India for premium payments.

99.29%

Claim Settlement Ratio^~

1 Day

Get 1 Day Claim Approval^%

AAA

Stable Rating by CARE^$$

₹1,23,734 Cr

Assets Under Management (AUM)^***

3.85 Cr

Number of Lives Covered^##

359%

Solvency Ratio of 359%^{^^^}

Disclaimer:^~Individual Death Claim Settlement Ratio for FY 2024-2025 | ^%99.29% of non-investigative individual claims approved in one working day for FY 2024-25. 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Allianz Life offices. 96% of non - investigative claims notified were processed within one day in FY’25 | ^$$For details refer to press release published by CARE | ^***All figures as on 31 March, 2025 | ^{^^^}Solvency ratio 359% as at 31 March 2025 against IRDAI mandated 150% | ^##Individual and group, as on 31 March, 2025.

FAQs on Term Insurance for NRIs in India

1. What are some factors to be considered by a NRI in Kuwait while buying term insurance in India?

Before buying term insurance in India, an NRI in Kuwait should consider a few factors. Here is a list of some of these considerations.

Adequate coverage for nominees in India in case of untimely or unexpected demise of the NRI
If the policy offers rupee-denominated coverage, it could be beneficial for nominees in India

2. How can an NRI in Kuwait buy term insurance in India?

An NRI in Kuwait may buy term insurance in India in two ways.

Online method: You may consider buying term insurance in India using an online method. Several insurance companies now have an online portal where you may find all the necessary details, fill out the proposal form, attach necessary documents, and complete your purchase.
Offline from Insurer directly or Via a Broker/Agent: You may also consider buying term insurance from the company office or through a specialised broker. They may help you through the entire process, helping you assess, compare, and choose suitable policies as per your requirements.

3. Will I have to visit India to buy a term insurance plan?

Typically, no. You do not have to visit India to buy a term insurance plan. Several insurance companies have online features and a portal which gives you access to necessary details and proposal forms. You might simply need to confirm your eligibility criteria, submit the form, and attach the essential documents for a term insurance plan.

Read All

Sources:

Term Insurance Guide

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Bajaj Allianz Life is a trusted insurance partner

At Bajaj Allianz Life, we are here to support you in building a secure and worry-free financial future. With over 24 years of experience, we provide a variety of life insurance plans, including protection, retirement, savings, investment and health, to meet your unique needs.

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Disclaimers:

Tax benefits as per prevailing Section 10(10D) and Section 80C (under old tax regime) of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.

BJAZ-WP-ECNF-15263/25

^*Above illustration is for Bajaj Allianz Life eTouch II - A Non-Linked, Non-Participating, Individual Life Insurance Term Plan (UIN:116N198V01) considering Female aged 25years | Non-Smoker | Policy Term(PT)– 30 years | Premium Payment Term (PPT)– 30 years | Sum Assured opted is Rs.1,00,00,000 | Online Channel | Standard Life | 1st Year Premium is Rs. 4,551. 2nd Year onwards premium Rs. 4,934. Total Premium Rs. 1,47,637 | Medical Rates | Yearly Premium Payment Mode | Death benefit opted is lumpsum payout and monthly instalments (Lumpsum Payout Percentage: 40, Income Payout Percentage: 60). Income payout instalment opted for 40 years | Premium shown above is inclusive of Online Discount only, no other discounts have been considered and exclusive of Goods & Service Tax/ any other applicable tax levied, subject to changes in tax laws, and any extra premium and is for illustrative purpose only. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com) carefully before concluding a sale.

^##Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy. Above Tax benefit is calculated considering deduction of Rs. 150,000 and applicable tax rate of 31.20%.

^$Term Insurance plan bought online directly from Bajaj Allianz Life Insurance has no commissions involved

^{^^}Get Free Health Management Services upto Rs. 36,500 per year for women

Health Management Services for Women
Service	Frequency	Cost (₹)
Comprehensive Health Check-Up: - Cancer Screening - Diabetic, Thyroid, Lipid profile tests - Calcium Serum test - Complete Blood Count test	1 per year	₹ 3,500
OPD^^ in-clinic consultations (Specialist doctors like Gynaecologist, Obstetrician, Dermatologist, Paediatrician, Orthopaedic & General Physician) ^OPD = Outpatient Department	1 per year	₹ 1,000
Pregnancy OPD^ wallet (OPD^ benefit worth ₹ 2,000 unlocked in case of pregnancy)	Once during policy term	Not considered in yearly cost since this is available once during policy term
Doctor Insta-Consultations
Health Coach (Diet & nutrition consultations)	1 consultation per month = 12 consultations per year	Average cost per session = ₹ 500 Total cost per year = ₹ 500 * 12 = ₹ 6,000
Emotional Wellness (Psychologists consultations)	1 consultation per month = 12 consultations per year	Average cost per session = ₹ 500 Total cost per year = ₹ 500 * 12 = ₹ 6,000
Network discounts: Medicines (M) - 10% Lab-test booking (L) - 10% Out-patient consultation (O) - 10% In-patient consultation (P) - 5%	Throughout the year
Assumption - Total expense on these services throughout the year	Total discounts that can be availed throughout the year
M = ₹ 5,000	₹ 500
L = ₹ 5,000	₹ 500
O = ₹ 5,000	₹ 500
P = ₹ 10,000	₹ 500
Total per year as per assumption		₹ 36,500

Note: The above mentioned costs are based on estimated average market price for respective services. T&C apply.

Doctor Insta-Consultations and Health Coach Services are unlimited and the above numbers are assumed only for the purpose of calculation of the yearly benefit.

Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No. 116

^Subject to Section 10 (10D) conditions i.e. aggregate annual premium for ULIP policies issued on or after 1st February 2021 does not exceed Rs. 2.5 Lakhs.

¹Minimum premium mentioned is applicable for Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01) and is subject to policy terms and conditions.

^#Source: https://economictimes.indiatimes.com/investments-marts/eight-crucial-numbers-to-ensure-financial-success/10-times-the-annual-income-is-your-life-insurance/slideshow/16699748.cms . Subject to availability in Bajaj Allianz Life ULIP Plans. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com ) carefully before concluding a sale.

*Benchmark: Nifty 500 Multicap Momentum Quality 50 Index past 5 CAGR Returns, as on 31st December 2024. Past returns of a fund are not necessarily indicative of the future performance of the fund. | Please consult the financial advisor before investing.

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Bajaj Allianz Life Insurance Company Limited is only the name of the Life Insurance Company and Bajaj Allianz Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Allianz Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Allianz Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Allianz Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V01), Bajaj Allianz Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01) and Bajaj Allianz Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V01) are only the name of the unit linked insurance contracts and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com ) carefully before concluding a sale.

Nifty 500 Multicap Momentum Quality 50 Index Fund is available Bajaj Allianz Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Allianz Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Allianz Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Allianz Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V01), Bajaj Allianz Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01) and Bajaj Allianz Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V01)

In addition to the already existing funds, Nifty 500 Multicap Momentum Quality 50 Index Fund is now available with the above mentioned products. Customer has an option to choose from other available funds apart from Nifty 500 Multicap Momentum Quality 50 Index Fund.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

CIN: U66010PN2001PLC015959 | Registered Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune-411006, Maharashtra

Email: customercare@bajajallianz.co.in | Tollfree: 1800 209 7272

Disclaimer: Images used on this website and the models photographed in them are for representative purposes only and are not indicative of anyone's personal thoughts or ideas.

The Logo of Bajaj Allianz Life Insurance Co. Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo and Allianz SE to use its “Allianz” logo.

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Disclaimer

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values & the customer shall be responsible for his/her decision. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Goods and Services Tax will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.

This calculation and results displayed are based on information provided and certain assumptions about the rates of return. It is for assistance only and does not constitute an offer or solicitation. It is not intended to be and must not alone be taken as the basis for an investment decision. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance. Bajaj Allianz Life Insurance Company Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator.

¹©2021 Morningstar. All Rights Reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates and procured from various sources. Morningstar, its affiliates, and its officers, directors and employees shall not be liable for any trading decision, damage or any other loss arising from using the Information. Please verify all of the Information before using it and do not make any investment decision, except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up

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Claim Settlement Ratio of 99.29%^~

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Term Insurance for NRIs in Kuwait

Types of Term Insurance Plans Available to the NRIs of Kuwait

How does term insurance for NRIs in Kuwait Work?

Reasons to Buy Term Insurance for NRIs in Kuwait:

Helps You Save Taxes

Protect family’s welfare:

Demographic Shift

Comprehensive Coverage and Optional Riders

Remote Check-Ups

Features of Term Insurance for NRIs

Documents required for term insurance plan

Eligibility criteria for buying term insurance plan for NRIs in India

How do you purchase term insurance for NRIs in India?

Why Bajaj Allianz Life Insurance ?

Claim Settlement Ratio~

Get 1 Day Claim Approval%

Stable Rating by CARE$$

Assets Under Management (AUM)***

Number of Lives Covered##

Solvency Ratio of 359%^^^

FAQs on Term Insurance for NRIs in India

1. What are some factors to be considered by a NRI in Kuwait while buying term insurance in India?

2. How can an NRI in Kuwait buy term insurance in India?

3. Will I have to visit India to buy a term insurance plan?

Term Insurance Guide

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Claim Settlement Ratio^~

Get 1 Day Claim Approval^%

Stable Rating by CARE^$$

Assets Under Management (AUM)^***

Number of Lives Covered^##

Solvency Ratio of 359%^{^^^}