NRI can be classified into two categories   Foreign Nationals of Indian Origin Foreign Nationals of Indian Origin may propose for insurance during their stay in India only. The usual requirements will be the proposal Form, ICC report, Medical Report requirements based on SUC and Moral Hazard Report. In case the SA is more then 10 Lakhs then income proof will be required for financial underwriting of the case. NRI clause has to be signed and sent out as an addendum to the policy.   NRI who are temporarily staying aboard for employment/studies etc.   Proposals on NRI who are temporarily staying abroad can be accepted either during their stay in India (holiday) or through Mail Order Business. Maximum SA allowed is 30 Lakhs. In case a higher than SA 30 Lakhs is desired, the following criteria need to be taken in to consideration Country of Residence Occupation of the Life Assured Educational Qualifications Nature of Income Proof submitted In case over 20 Lakhs SUC if desired, a proof of income needs to be submitted with the proposal.   3.6.1 Relaxations for NRI   ICC needs to complete all the formalities during his visit abroad. Copy of the passport of the Life Assured duly signed by the Life Assured need to be attached with the proposal irrespective of the nature of age proof submitted. This relaxation applies for NRI residing in Asia, Europe, North America and Australia only.     3.6.2 Mail Order Business   The following conditions shall apply for Mail Order Business for NRI Life Assured must be residing abroad on temporary basis. Life Assured should hold a valid passport issued by the government of India.

Only Indian Rupee currency policy will be issued and premium payment must be made in accordance with the manner approved the Reserve Bank of India: By direct remittance from the country of residence through normal banking channels By cheque drawn on NRE Account By cheque drawn on Joint Accounts held in India By absolute assignee in India By the Employers of the Employees who have been sent on deputation By the parents / near relatives of the Life Assured in cash. Policy issued cannot be exported out of India and the policy shall be sent to correspondence address of the Life Assured in India only.

3.6.3 Completion of Proposal for NRI

Proposal Form must be completed together with NRI questionnaire. A designated official of the local embassy/Indian diplomatic representative/medical examiner/notary/Justice of Peace should witness the proposal form. Copy of the passport should be shown to the witness and attached with the proposal form. For students, Dean/Principal of the college/university may witness the proposal. The witness must affix the seal along with designation below his signature.

3.6.4 Medical examination for NRI – Mail Order Business

Branch will send a Medical Report Form to ICC and Life Assured once received request from Mail Business Order. Medical examiner having a minimum 10 years of experience should conduct the medical examination. The medical examiner should specifically state his standing,  together with signature and attach his seal. The medical report should be filled in the forms sent by the company. Medical examiner should verify the identity of the Life Assured using his/her passport and a photocopy of the passport used for dentification should be attached with the proposal. The Life Assured must sign the medical report in the presence of medical examiner and hand over the proposal form to the doctors. The medical examiner is required send result of the medical test along with duly completed proposal forms directly to branch. Fees for medical report will be reimbursed back to the Life Assured as per prevailing company norms & rates.