NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plans

Many companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-AIG General—now offer life and health insurance products. Their primary target groups are non-resident Indians (NRIs), persons of Indian origin (PIOs) and Overseas Citizens of India (OCI) who earn in foreign currencies.