Tag Archives: LIC POLICY
NRI’s & Foreign National of Indian origin can definitely take LIC POLICY and they can continue it in any country.
Green Card holder can also take LIC POLICY. Green Card Holder is a person with nationality of foreign country and LIC OF INDIA will consider him under the category of Foreign National of Indian origin as mentioned above.
For more details you can visit LICHELPLINE .
1) Insurance will be allowed to Foreign Nationals of Indian origin only to their visit in India & and the policy will be issued in Indian currency with maximum sum insured of Rs 50 lacs or of Rs 5 million.
2) Even Foreign Nationals of Foreign Race can also take LIC POLICY but rights to issue any such policy vest with Central Office of LIC OF INDIA.