Max life insurance for NRI investors is a strategic way to secure high-growth opportunities in India while protecting your family’s future. India continues to be the fastest-growing major economy globally and is currently the world’s fourth-largest economy. In FY 2024-25, India received record NRI remittances of over US$ 135 billion, reflecting strong confidence from the diaspora.
Why India ?
1. India continues to be the fastest-growing major economy globally and is currently the world’s fourth-largest economy. In FY 2024-25, India received record NRI remittances of over US$ 135 billion, reflecting strong confidence from the diaspora.
2. Higher Interest Rates: Interest rates in India are higher than those in most developed nations, allowing NRIs to potentially generate better returns by investing in India.
3. Emerging Global Economic Hub: India’s growing role as a key player in the global economy, supported by robust infrastructure development and a thriving entrepreneurial ecosystem, offers NRIs unique growth and investment opportunities.
4. Reaping the Rich Demographic Dividend: India’s young and expanding middle-class population, combined with rising financial literacy and increasing insurance awareness, is driving strong growth in life insurance. This creates a dynamic market with diverse product options and competitive pricing for NRIs.
Why Axis Max Life?
5. Axis Max Life is India’s fifth largest private life insurance company, with presence over 405 branch offices.
6. Axis Max Life’s Assets under Management (AUM) exceeding INR 1.75 lakh crore and a total sum at risk in force of over INR 21 lakh crore as of FY 2024-25.
7. Axis Max Life earned the trust of policyholders by achieving its highest-ever claim settlement ratio of 99.70% in FY 2024–25 — truly reflecting the spirit of India Ke Bharose Ka Number™. Its service quality consistently ranks among the best in the industry.
Axis Max Life’s Unique propositions to NRIs
8. NRIs can purchase life insurance policies digitally from their home country through the “E-model,” with easy and simplified documentation.
9. Premiums can be paid conveniently from Indian bank accounts (NRO/NRE) or local foreign currency accounts. Repatriation of policy proceeds is allowed if all premiums have been paid in foreign currency.
10. NRIs are eligible for GST exemption on premiums, provided payments are made from an NRE bank account or in foreign currency on eligible products, subject to certain conditions.
