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Insurance to NRIs through Mail Order


LIC CATER TO THE LIFE INSURANCE NEEDS OF NON RESIDENT INDIAN WORKING ABROAD THOUSANDS OF MILES AWAY FROM THE HOMELAND.

Offering You :


Financial Security to you for covering RISK on your LIFE.
Financial SECURITY to the couple .
Plan to guarantee EDUCATION of your Children.
Plan to provide for MARRIAGE of daughters.
Plans to provide for PENSION in OLD AGE.
Plans providing PERIODICAL PAYMENTS to meet special needs during LIFE TIME
Plans for Housing Loan from LIC Housing Finance Ltd. to build your DREAM HOUSE.
YOU HAVE A NEED .........WE HAVE A SOLUTION ………….
In India, we market Life Insurance policies in Rupee currency only. · Our foreign offices, viz. U.K., MAURITUS & FIJI issue policies in local currencies to LOCAL NRI.

United Kingdom.


York House, 13th Floor,
Empire Way, Wembley,
Middlesex, HA9-0PX,
U.K.:
Tel. No. : 0044-020-8902-5294
Fax No. : 0044-020-8902-5281
E-mail : liciuk@dircon.co.uk
Currency : Sterling Pounds ( £)

Mauritius :
LIC, Centre,
President John Kennedy Street,
P.O. Box : 310,
Port Louis,
Mauritius.
Tel. No. : 00 -230 - 2081485 / 2125316 / 2110465
Fax No. : 00 - 230 - 2086392
E-mail : liccmm@bow.intnet.mu
Currency : Mauritian Rupee (M.Rs.)

Fiji :
LIC House, Butt Street,
G.P.O. Box : 266,
Suva, Fiji.
PABXNo. : 00 - 679 - 3314011 Suva Office
PABXNo. : 00 - 679 - 6651923 Lautoka Office
Tel. No. : 00 - 679 - 3304148 / 3314743
Fax No.: 00 - 679 - 3312499/3302662
Lautoka Fax: 00 - 679 - 6651984
E-mail : lici@is.com.fj
Currency : Fiji Dollar (F $)

L.I.C. (International) E.C. Bahrain, an offshore Subsidiary of L.I.C. caters to insurance needs of Non Resident Indians in Bahrain, Saudi Arabia, Kuwait and Qatar. Policies are issued in U.S. Dollars .
For details visit our Websites www.licinternational.com.

ELIGIBILITY CRITERIA
NRIs holding valid passport issued by the Govt. of India and who are INDIAN NATIONAL Can take L.I.C. policies in Indian Rupee currency either
(I) during their short visit to India from any of our 2048 branch offices spread all over India OR
(II) Can avail insurance from country of his temporary residence on MAIL ORDER BASIS.

SELECTING A PLAN
To select a plan as per your needs, please choose from the "Schemes" and then from "Plans", on our WEBSITE.

HOW MUCH TO PAY ?
Please click on "Premium Calculations" to get instalment premium for the selected plan at your age, for the sum to be assured and the term for which policy is desired. Facility for payment of premium in Quarterly, Half yearly and Yearly modes are available.

HOW TO APPLY?
To obtain insurance on your own life, use "Proposal for Insurance on Own Life" which you can conveniently download right away from option "On Line Forms" For other plans, please download appropriate Proposal Form from the option "On Line Forms". Kindly complete the Non-Resident Questionnaire available at "On Line Forms".

COMPLETION OF POLICY
Please read carefully 'Completion of Proposal Form' and 'Medical Examination Procedure' for completion of documents request your Medical Examiner to send his Medical Report. Enclose copy of your PASSPORT towards age . Other Proposal papers and Full deposit towards the First Premium by AIR MAIL directly to the Branch / Divisional Office convenient to you for underwriting and completion of policy. Please hand over a Stamped envelope with the address of the office of the Corporation to the Doctor for Dispatching papers.
For Email address of our Zonal / Divisional Offices, please select the option "Contact us". You can get POSTAL ADDRESS from Zonal / Divisional Office.

REMITTANCE OF PREMIUM
The Reserve Bank of India permits payment of premium in one of the following ways :
1. By direct remmitance from abroad through banking channels in approved manner (preferably by Indian Rupee drafts drawn in favour of L.I.C. Of India) or by remittance through postal channels like Foreign Money Order.
2. By payment out of funds held in Non-Resident (External) or Foreign currency (Non- Resident ) Account with Bank in India.
3. By cheques drawn by non-Resident policy holder on Bank Accounts held in India in his Own name (either solely or jointly) with another member of the family) whether or not the Account has been designated as non-resident.
4. By cheque drawn on account maintained by resident parent or spouse of policyholder in Their own name or joint names with other close relatives.
5. By the absolute Assignee in India wherever such policies have been absolutely assigned To a resident in India.
6. By the employers in respect of policies issued to their employees who have been deputed Abroad by them .
7. Premiums can be paid in cash by a resident parent or spouse of the non-resident Policyholder subject to his/her submitting a letter stating the relationship with the Policyholder.
Premiums due on policies issued to Indian students who have gone abroad for higher Studies may be collected in Rupees out of the Resident Bank Account in India or any of their representatives in India by cash or cheques.

EXPORT OF POLICY
As per the present rules policy can not be exported out of India. It can be retained in L.I.C. Office to be handed over to you, when you visit India next or can be sent to Resident of India to be named by you or to your banker for safe custody.

SETTLEMENT OF CLAIMS
Claims of any nature arising under the policy will be settled in Indian currency in India. The payment of policy moneys in foreign currency can be made on getting approval from Reserve Bank of India. Present Exchange Control Regulations, permit policy moneys Payment in foreign currency proportionate to the premiums paid in foreign currency by direct Remittance or from the Non Resident (External) Account or Foreign currency Non Resident Account with a Bank in India.



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