Welcome to NRI Centre. We have made an attempt here to furnish important features applicable to Non-Resident Indians (NRI) and People of Indian Origin (PIO) having foreign nationality and residing in foreign countries.

Concept of insurance and different types of plans:

• Life risk cover i.e. financial protection to the family in case of an unforeseen event- say death, illness, disability on account of accident, etc is the main purpose of insurance.
• It's also seen as a 'compulsory savings' leading to creation of wealth which can be utilized for education/marriage of children; for old age provision; for construction of house; etc.
• Policies are taken to get exemption from Income Tax and to assign these to financial institutions as collateral security while availing different type of credit facilities including housing loan.
• In order to meet various socio-economic needs of different people. There are various types of plan available.Each has distinct features covering certain type of benefits. The selection depends on your needs.