Why NRIs need life insurance policy in India?

 Life insurance is important for everyone to provide their family with financial stability and protection in case of unfortunate events. Living far away from their families, Non-Resident Indians (NRIs) should essentially buy a life insurance policy to safeguard their dependents at many stages in life in their absence. There are several low-cost life insurance policies for NRIs. Here is why NRIs need life insurance in India and other important details about NRI life insurance policy.

SBNRI Team

· 12,449 views

Bajaj Allianz Life Insurance Plans for NRIs (Non Resident Indians)

 India is one of the fastest growing major economies in the world. India also has one of the largest number communities of entrepreneurs and next-gen start-ups, significantly contributing to sustainable growth of the country. Non-Resident Indians (NRIs) can also participate in the growth of the country through a variety of investment options and meet their life goals. Insurance for NRIs in India is one of the investment options that is gaining popularity because of good returns and other benefits. There are several insurance plans designed to fulfill the needs of NRIs, for example, Bajaj Allianz Life Insurance Plans for NRIs.

SBNRI Team

· 14,411 views

SBI Life Insurance for NRIs: Features & Benefits

 Similar to resident Indians, NRIs (Non-Resident Indians) can also invest in Indian mutual funds, fixed deposits and insurance plans. SBI Life Insurance, a joint venture of State Bank of India and BNP Paribas Assurance, provides comprehensive life insurance cover at a competitive price to help every Indian whether living in the country or abroad. SBI life insurance for NRIs is designed to suit the inevitable needs of NRIs in different stages of their lives, such as children’s higher education, security of the family, and retirement goals.

SBNRI Team

· 21,005 views

Term Insurance for NRIs in India: Features & Benefits

 Terms insurance is a type of life insurance that provides coverage at a fixed rate of payments for a certain period of time. Term insurance offers financial protection to the family of the policyholder in case of death. As Indian citizens, NRIs (Non-Resident Indians) are also eligible to buy term insurance in India. Term insurance policy for NRIs generally has tenure from 6 months to 25 years. In this article, we will discuss term insurance for NRIs in India.

SBNRI Team

· 15,171 views

Australian Visa Fees for Indians 2022: An overview

 A large number of Indians move to Australia for employment, study, tourism and other purposes. Foreign nationals are required to obtain a visa before visiting Australia. Applicants need to fill a visa application, submit required supporting documents and pay the visa application fees to book an appointment with Australian immigration authorities to get a visa for Australia. Documentation, visa fees and associated charges vary based on the type of visa you are applying for. In this article we have listed the complete details of Australian visa fees for Indians and associated charges.

SBNRI Team

· 19,999 views

FD VS Debt Funds: What should NRIs choose?

 Many NRIs who either want to invest in India or want to create a safe corpus enquire about NRI FD VS Debt Mutual Funds and are often confused about what to choose. In this article, we will explore the differences between NRI Fixed Deposits and Debt Oriented Mutual Funds and eventually conclude with which instrument is better for what type of NRI (based on their tax-slabs, risk-appetite, etc.). The debate of FD VS Debt Funds can be easily ruled out when you bring in factors that relate to your needs and requirements. In the next section, let's clear some air about debt mutual funds for NRIs.

SBNRI Team

· 12,689 views

Mutual Funds for NRIs in Germany to invest in India

 The growing economy of India has been attracting investors from around the world to invest in India. Mutual funds are one of the most popular financial instruments not only among Indian investors, but also Non-Indian Residents (NRIs) from across the world. Germany-based NRIs can pursue their long-term financial goals like a child’s education, retirement, purchase of a house, etc., by investing in mutual funds, especially in equity funds. They can also invest in debt funds to earn better returns than bank savings in the short term. Let’s look at some of the best mutual funds for NRIs in Germany to invest in India.

SBNRI Team

· 14,956 views

Stock Trading: How is spouse of NRl taxed on stock trading gain?

 Before 2011, Non-Resident Indians (NRIs) couldn’t open a joint bank account with residents. However, liberalizing the foreign exchange rules, the Reserve Bank of India (RBI) has allowed residents of India to include a non-resident close relative in their resident bank account on ‘former or survivor’ basis from 2011. However, such non-resident relatives shall operate such accounts only on behalf of the resident account holder for domestic payment and not for creating any beneficial interest for himself/ herself. For stock trading and investment in mutual funds, non-residents need to open an NRI account.

SBNRI Team

· 19,773 views
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