Archive · 30 Dec 2025
Inka Insurance Launches NRI Shield for NRIs
Inka Insurance has launched a new service called NRI Shield to help Indians living abroad get term insurance in India.
This service helps them save up to 65% on premiums compared to what they would pay in other countries like the UAE.
For example, a ₹5 crore term cover that costs ₹78,450 a year in the UAE can be bought for ₹27,808 in India.
The service also helps NRIs choose the right plan, complete the paperwork, and get support for claims.
They can do everything online and pay using different types of bank accounts.
The goal is to make it easier and cheaper for NRIs to get good insurance coverage.
Inka Insurance launched 'NRI Shield' to help NRIs, PIOs, and OCIs secure term insurance in India at lower premiums.
Premiums in India can be up to 65% cheaper than in international markets like the UAE.
A ₹5 crore term cover costs ₹78,450 annually in the UAE but only ₹27,808 in India.
NRI Shield offers support from plan selection to claims, with digital onboarding and video medicals.
Premiums can be paid via NRE, NRO, FCNR accounts, or eligible international payment channels.
- Who
- Inka Insurance, NRIs, PIOs, and OCIs
- What
- Launch of NRI Shield service
- When
- 17th December, 2025
- Where
- India
- Why
- To help NRIs secure term insurance at lower premiums
- Service Name
- NRI Shield
- Target Audience
- NRIs, PIOs, and OCIs
- Premium Savings
- Up to 65%
- Example Coverage
- ₹5 crore term cover
- Annual Cost in UAE
- ₹78,450
- Annual Cost in India
- ₹27,808
- Payment Methods
- NRE, NRO, FCNR accounts, international payment channels
- Founder
- Vaibhav Kathju