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GIFT City Global Insurance

Empowering Your Global Protection, Right Here at GIFT City

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About Global Insurance in GIFT City

Global Insurance at GIFT City offers investors the opportunity to combine international protection with long-term wealth creation. Through IFSCA-regulated insurers, these plans provide life, health, and general insurance solutions to NRIs, Resident Indians (soon to be launched), and global investors. The security of insurance, combined with the growth potential of market-linked investments, ensures your protection and portfolio work together. With the credibility of GIFT City and the transparency of a global framework, Global Insurance becomes a smart, efficient way to secure your future while accessing opportunities beyond borders.

About Global Insurance in GIFT City
Key Features of Global Insurance

Key Features of Global Insurance

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US Dollar-denominated insurance plans designed for NRIs and Foreign Investors.

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A smart blend of portfolio diversification and essential life and health protection.

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Offers global exposure to international equity, debt, hybrid, and thematic funds.

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Provides flexibility through multiple premium payment options.

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Supports partial withdrawals after the defined period.

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Helps reduce currency concentration risk through USD-based investing.

Global Insurance Products We Offer

Global Insurance Products We Offer

What is Global Insurance in GIFT City?

HDFC Life International Insurance

Types of Insurance Products Available

Types of Insurance Products Available

What is Global Insurance in GIFT City?

GIFT City hosts a variety of insurance providers offering products tailored to different needs. Some of the common options include:

  • ULIPs (Unit Linked Insurance Plans)

    Dollar-denominated plans that combine insurance protection with investment growth in a single policy.

  • Pure Protection Plans

    Term insurance policies designed for straightforward coverage with minimal documentation.

  • Retirement & Savings Plans

    Long-term plans aimed at securing your future, featuring easy premium payments and flexible repatriation options.

What Are The Benefits Of Global Insurance?

What Are The Benefits Of Global Insurance?

Investing in an international insurance policy comes with multiple benefits to NRIs and foreign investors. Some of the key advantages include;

Documents Required To Buy Global Insurance

Documents required to buy GIFT City Global Insurance

To purchase a global insurance plan, you'll need to submit the following documents:

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Valid Passport or Government-issued ID

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Latest Local Address Proof (utility bill or bank statement)

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PAN or Equivalent Tax Identification Details

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Passport-size Photograph

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FATCA / CRS Declaration for NRIs

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KYC Form as per IFSCA Guidelines

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Notarised or Self-attested Copies (if required)

Note: Digital onboarding available with select insurance issuers

FAQs

The main reason to buy a Global Insurance is primarily for claims coverage. It protects you from life, health, or financial risks that may arise across countries, ensuring seamless coverage no matter where you live, travel, or invest. Plus, the ULIP feature allows you to have a policy and invest passively in international markets.

Global Insurance policy can be ideal for NRIs, professionals working overseas, frequent travellers, international students, and anyone looking to diversify investments or secure protection beyond an insurance policy.

In GIFT City, you can find certain types of global insurance, which are USD-denominated in the form of Life Insurance, General Insurance, and Health Insurance.

Yes, Global Insurance offered in GIFT City is regulated by IFSCA (International Financial Services Centres Authority), which follows global-standard regulatory guidelines.

Yes, it does, but this rider depends on the insurer's product range and regulatory approvals. IFSC-registered insurers are allowed to insure overseas assets, liabilities, and operations in foreign currency, making them ideal for companies with cross-border exposure. So, if the policy contains business risk as peril, you can claim coverage against it.

Some global insurance plans offered from GIFT City can cover business risks across multiple countries.

Yes. It may incur heavy cost upon cancellation of the policy.

Eligible NRIs may enjoy tax efficiencies (Pay no taxes) on global insurance products available in GIFT City. For Resident Indians, the tax will be calculated as per the individual slab rates.