How NRIs Can Benefit From India’s GST Exemption On Insurance Policies
Last Update Date: 06-10-2026
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar explained that premiums paid by NRIs on life cover count as an export of service under GST law and so qualify for a refund, and pointed out that this does not extend to ULIP premiums.
More of Abhishek's views on insurance
The article explains how NRIs can claim a refund of GST paid on premiums for health cover and term life cover bought in India. It covers eligibility conditions, paying premiums from an NRE account, documents such as a tax residency certificate and KYC papers, and the refund process.
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How NRIs Can Benefit From India’s GST Exemption On Insurance Policies