NRI Zones

For proposals signed outside India (Mail order business), witness is mandatory as mentioned below;

Proposal form has to be completely filled in Insured’s handwriting and needs to be witnessed after verification of the proposer. Below mentioned can witness the proposal form:

• Designated Local Indian Embassy representative/Indian diplomatic representative
• Notary Public or Justice of peace
• Medical Examiner
• Authorized signatory of insured’s employer (only if belongs to a reputed firm)
• For students, the principal or dean of the college where he/she is studying can witness
• Witness must affix his clear seal below the signature
• Photocopy of the passport’s first page must also be witnessed by same person and provided with proposal form
• Medical examination should be done by a qualified medical examiner and medical expenses should be borne by the insured. Medical examination format should be in the Shriram Life format only
• Only employees of reputed commercial firms, students going for higher studies or professionals such as doctors, teachers, lawyers, etc can be allowed through mail order

Documents required for Mail Order Business

• Proof of occupation, income proof / student ID card & admission letter from university/college in case of students
• NRE/NRO account
• Recent passport size colour photograph
• ID proof
• Address proof of India
• Complete Indian passport copy with all entities (Customer signed on all pages)
• NRI Questionnaire

For proposals signed outside India (Mail order business), witness is mandatory as mentioned below;

Minor lives Guidelines

Minor lives also can  be insured subject to underwriting. 

Other restrictions: 

• For NRI/OCI lives, Maximum cover allowed is 10 crores SAR, if country is standard 
•  Maximum cover allowed is 2 crores SAR for rateable countries. 
• Mail order business is allowed maximum upto 1crore SAR for standard countries.  Video MR is mandatory in every mail order case along with applicable medical grid. 
• For rateable countries, maximum SAR allowed under mail order is 50 lakhs with complete grid medicals along with Video MR. No Enhanced NML or NRI NML applicable