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Q: How to pay insurance premiums from India to foreign insurance company?

A: Persons who are permanently resident in India are not permitted to take foreign currency life insurance policies, However there are provisions for paying insurance premiums for policies where NRIs...

Q: Indian life insurance policies of OCI citizens?

A: Existing polices taken while in India should continue in Indian Currency even after your moving to foreign countries as NRI. However you should keep the concerned servicing branch of LIC informed...

Q: Can OCI buy medical insurance from any of the major insurance companies in India?

A: Medical insurance in India is offered by private insurance companies as India does not have a Government sponsored health insurance plan offered by countries like Canada.Anyone who can pay the...