Health Insurance India For Nri

Therefore if you are an nri looking for a health insurance policy in india and need cover irrespective of your geographical location there are very few policies available and they provide cover only for certain expenses like an organ transplant treatment of cancer etc.

Health insurance india for nri. The straight answer is yes. The most common confusion that nris face is whether to purchase a health cover in the country of residence or to buy an international health insurance cover from india. Nris are most certainly eligible to avail of a health insurance policy in india.

The most important ones are proof of residence and income tax return. So if you are paying taxes in india taking up an nri health insurance policy in india would help you reduce your total taxable income in india. While in the case of pios persons of indian origins they can be offered a health plan by providing an indian passport and relevant documents.

Pios persons of indian origins can present an indian passport with other documents. And if you have bought a policy in india before you became an nri and have plans to return soon then continue to hold on to it. In india benefits from health insurance are tax free but bonuses and in certain cases withdrawals may be taxed.

Though an nri can opt for a health insurance plan it is recommended to go through and understand the terms and conditions mentioned in the policy document carefully. Nris are eligible for a tax deduction of inr 25 000 under section 80d. As an nri you are allowed to purchase a health insurance policy in india.

Yes nri can take health insurance in india but the policy will have a clause called geographical coverage that limits the claims to be made in india only and not in any other country. Pios or persons of indian origin will also need to present their passports. An nri is eligible to purchase a health insurance plan in india and just needs a proof of residence itr and other related documents for making the purchase.

Consider complete understanding of policy wordings. Even oci can buy health insurance in india. Under the income tax act an nri can claim the same tax benefits as a resident indian.