Best Term Insurance for NRI in India 2025

Buying term insurance for NRI is a must if you have recently moved to the UAE as it provides financial security to your family. The term insurance plan will provide insurance coverage for a definite period. The beneficiary or nominee will receive the insurance amount in case of the death of the policyholder. Since many insurance companies offer term insurance for NRI in UAE, people living in UAE can buy term insurance plans easily.

Let's discuss more regarding term insurance for NRI in detail:

Can NRIs buy term plans in UAE?
Best online term insurance for NRI
What are the features and benefits of term insurance for NRI?
Does the NRI need to be present in UAE while buying a term plan?
What are the documents required for Term Insurance for NRI in Dubai?
How are UAE term insurers better than other insurers?
The Conclusion - Term life insurance for NRI

Can NRIs buy term plans in UAE?

Yes, NRIs can buy term insurance plans that are available for NRIs in the UAE to provide financial protection to their family. They can opt for the term plans that suit them the best.

Best online term insurance for NRI

The list of best term insurance for NRI is given below:

Name of the term insurance plan	Entry age	Maturity age
Hemaya Plus - Salama Insurance	18 years to 74 years	100 years
Pure Protection Term Plan - Noor Takaful	18 years to 60 years	75 years
International Term Assurance - Zurich International Life Limited	The average age should be 39 years at the time of purchase	NA
Hemayati Plus - Salama Insurance	18 years to 55 years	70 years
Live Life Term Insurance - MetLife	18 years to 65 years	95 years
Noor Takaful Term Insurance	18 years to 60 years	75 years

What are the features and benefits of term insurance for NRI?

The key features and benefits of term insurance for NRI in the UAE are given below:

Financial protection: Term insurance plans take care of the financial needs of your loved ones in case you are not around due to an unfortunate death.
Peace of mind: Buying a term insurance plan for yourself is a must, especially if you are the single bread earner of your family. It gives you peace of mind when you know that your family's requirements such as the child's marriage or higher education, daily needs and lifestyle of your family will be taken care of in your absence.
High coverage at economical rates: You can get high coverage at economical rates by buying term insurance for NRI. You also have the option to pay your premium monthly/quarterly or annually. One thing you need to keep in mind is that you have to pay less premium at a younger age than older age because the risk of getting ill increases with aging. The maximum assured amount on the term insurance plan for NRI is AED 750000.
Extended cover benefits: The best term insurance for NRI provides flexibility to choose the tenure of the plan, which means you can opt for extending the plan for a longer time.
Accidental death benefits: The policyholders can add accidental death benefits to their basic plan for additional protection. Not only accidental death benefits, but the term insurance plan also provides critical illness benefits, disability coverage, and waiver of contribution.

Does the NRI need to be present in UAE while buying a term plan?

With the advent of the internet and technology, you can buy a term insurance plan for NRIs from anywhere in the world. You can visit the online portal and go through the different term insurance plans for NRI in UAE to find the right plan. However, you need to go through Tele-medical checkups from your residential country.

What are the documents required for term Insurance for NRI in Dubai?

The required documents for buying term insurance for NRI are given below:

Original and photocopy of a valid passport along with residency visa
Original and photocopy of Emirates ID
Original and photocopy of utility bills for the last 3 months
Passport-size photographs
Salaried employees have to provide their appointment letter, salary slips or salary structure
Self-employed people have to provide a trade license

How are UAE term insurers better than other insurers?

Affordable premium rates: Term insurance plans in UAE offer financial security to the policyholder's family at an affordable premium. Hence, the buyer can buy a term plan without worrying about lifestyle changes.
High claim settlement ratio: The best term insurance plans for NRI have a high claim settlement ratio as compared to other plans. However, you need to make sure that you have disclosed everything related to your health, disease, lifestyle habits and income to reduce the chances of rejection.
Flexible premium payment: The policyholder has the option to pay the premium monthly/quarterly or annually.
Flexible tenure: The term insurance plan for NRIin Dubai provides the option to choose the tenure of the plan. It can range from 5 to 15 years.

The Conclusion - Term life insurance for NRI

Consider buying online term insurance for NRI after doing adequate research. There are a plethora of term insurance plans for NRI in UAE and it can be overwhelming while choosing the right plan. So, it is advisable to check for claim settlement ratio, sum assured, features, premium amount and additional coverage benefits of different term plans to make informed decisions. You can also use term insurance for NRI calculators for a better analysis of the plan.