LIC Policy for NRI in UAE
Understand your insurance options, tax benefits, and how to apply from UAE.
Why LIC is Ideal for NRIs in the UAE?
- Trusted brand with high claim settlement ratio (98.52% in FY 2022–23)
- Lower premiums compared to Western countries
- Tax-free maturity and death benefits under Section 10(10D)
- Easy online onboarding with Indian documentation
- Premiums payable from NRE/NRO account or foreign remittance
How to Apply for LIC Policy from UAE
InsuringGurgaon.com offers a seamless experience for NRIs to apply for LIC policies from the UAE. Our team will help you choose the right plan, complete documentation online, and even coordinate your medicals if needed.
- Share your interest via WhatsApp or contact form below
- We evaluate your age, income, and goals to recommend suitable plans
- Fill up the proposal form online
- Submit documents digitally (passport, visa, income proof)
- Make payment using NRE/NRO account or SWIFT
Popular LIC Plans for NRIs
Jeevan Utsav
Lifetime coverage, short premium paying term, with loyalty additions.
Lifetime coverage, short premium paying term, with loyalty additions.
Jeevan Shanti
Single premium plan with guaranteed lifelong pension.
Single premium plan with guaranteed lifelong pension.
Nivesh Plus
Market-linked ULIP for high return and insurance cover.
Market-linked ULIP for high return and insurance cover.
FAQs – LIC for NRI in UAE
Q: Can NRIs buy LIC policy without visiting India?
Yes, policies can be issued via video medical or local test reports, coordinated by InsuringGurgaon.com.
Q: How can I pay LIC premium from UAE?
Payment can be made via NRE/NRO account, net banking, or SWIFT transfer.
Q: Is maturity amount tax-free?
Yes, under Section 10(10D), maturity and death benefits are tax-free in India.
Q: Will LIC cover me even if I live in Dubai?
Yes, LIC covers NRIs residing in the UAE with global coverage.
Contact Us
Want to speak with a certified LIC advisor? We’re just a WhatsApp away!
Related link: How NRIs in UAE buy a LIC policy online.