How non-resident Indians can buy term life insurance in India
While it is better for NRIs to buy these policies in India, they can also buy term policies when they are abroad
Term insurance is insurance that pays out on the death of a policyholder during the policy term. If the policyholder survives the term, the insurance does not have a maturity value. This keeps premiums for term insurance extremely low compared with other types of insurance policies. Anyone whose family is financially dependent on them can benefit from buying term insurance.
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