Policybazaar Launches Insurance Initiatives for NRIs with Exclusive Benefits

Policybazaar introduces tailored insurance solutions for NRIs and their families, emphasizing affordability and peace of mind. Offering financial benefits, including discounts and tax refunds, the initiative addresses the specific needs of NRIs. The NRI Care Program focuses on supporting elderly parents with comprehensive healthcare services and swift claims processing.

Devdiscourse News Desk | Gurugram (Haryana) | Updated: 13-05-2025 17:23 IST | Created: 13-05-2025 17:23 IST

Policybazaar Launches Insurance Initiatives for NRIs with Exclusive Benefits — Affordable Premiums to Holistic Care: Policybazaar Offers Complete Solutions for NRIs. Image Credit: ANI

Country:
India

Gurugram-based Policybazaar has unveiled a set of insurance initiatives for NRIs and their families residing in India, focusing on affordability and peace of mind. The initiatives aim to address key concerns such as financial savings and reliable elder care solutions.

NRIs are increasingly turning to India's health insurance market due to its cost-effectiveness, with premiums being significantly lower than in Western countries. This trend is reflected in a growth rate of 70% and beyond for the NRI health insurance segment in recent years.

Policybazaar offers exclusive financial benefits tailored for NRIs, such as up to 40% discounts on premiums and GST refunds for payments via NRE accounts. Additionally, the NRI Care Program provides personalized support for elderly parents, ensuring comprehensive healthcare services and prompt claims assistance.

(With inputs from agencies.)