Glossary

Repatriation

Moving money out of India — relevant to how a non-resident's premiums are paid and claims received.

For a non-resident policyholder, the practical questions are which account premiums are collected from and which account a claim would be paid into, and whether those funds can be moved abroad.

These are worth settling before applying rather than after, because they affect how the policy is serviced for its whole life.

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