I’m a happy buyer of a whole life insurance policy denominated in US dollars. One can’t find such flexible policy loaded with features like “income protection” in India. Thank you Dr Bhat !

Hi sir how r u in UAE Dubai buying term insurance policy there is any education criteria like in India if u buy there is grautute people only eligible .how about the Dubai UAE .if any specific insurance policy Ur recommend pls reply thanks .

Sir NRI can buy a policy by submit 6 months salary slip absence of appointment letter and id card

Hello Sir, Does the sum assured on maturity of LIC term policy is taxable in USA?

Based on the topic, your videos are useless. We were expect atleast taxation against NRI life insurance etc.. Plz stop wasting people time?????

Great video Mr. Bhat.
As an NRI working in the USA, I may possibly return to India with no real base in the USA or Residency Status. In such a case, would it not be hard for my nominee(s) to secure a claim payment from the Insurance Company? You spoke about the claims process from Dubai etc. Any experience with doing so with US-based companies? A deep dive video would be great! Thank you.

Can foreign wife be nominee ?

Hi sir, if now i am a NRI working in Singapore and i buy a single premium whole life insurance policy. If i go back to india 3 years later and become a Resident Indian. Do i need to pay taxes when the policy matures in 10 years time?

Hi Sir, if the premium was paid on nre money inr can the nominee be paid in nre money for a death claim or does the nominee have to have nro account?

What about GST paid for policy bought when u r NRI?Is it refundable?

Thank you for the information

Current Status : NRI (Term Insurance Applicable) and planning to purchase..
Future Status : OCI ( Overseas Citizen of India) – does Term Insurance will continue and cover or will get terminated after become OCI?

I'm planning to visit out of India for work for 2 to 3 year… Should i buy a mediclaim pol in india with worldwide coverage or should i but a mediclaim policy from foreign country?

sir I have one question. When NRI are paying their premium in India interms of dollars he will be paying less am I right sir. when you equate the 1 crore to 250000 $, should you consider the lower dollars he will be paying as premium? let's say he start with 100 rupees when dollars value was 45, he would have paid 2.1 $, now since dollar value is 75, he would be paying a premium of 1.5 $ for same 1 crore coverage.

Hello Sir, Lovely video full of important information, i have a question, Example : My 1 x LIC Policy has lapsed and if i revive it today, then next year i have financial issues and if the same policy lapses again, can this lapsed policy be revived for the second time , what is the LIC rules in regards to this , can 1 policy be revived more than one time in its total premium paying life time, many thanks for your time in advance, all the best.

Thanks a ton. I got clarified from a big confusion.

Fantastisk video

Thank you so much for this video.. Much needed! Very helpful.

what is tax implication on life polity( NRI) on funds received in India after death

Claiming in India is harder than many other developed countries as I have experienced.