Insurance in India is regulated by the Insurance Regulatory and Development Authority of India (IRDAI) under the Insurance Act, 1938 and the Insurance Regulatory and Development Authority Act, 1999, with life insurance nomination governed by Section 39 of the Insurance Act. This hub covers life insurance nomination rules, health insurance for NRIs and returning Indians, how NRE and NRO account choices affect claim repatriation under FEMA, the Insurance Ombudsman and internal grievance redressal process, and the major late-2025 reforms -- including up to 100% foreign direct investment in insurance companies and the phased rollout of the Bima Sugam electronic marketplace. This platform pays particular attention to the practical complications NRIs face: currency and remittance limits on claim payouts, cross-border tax withholding, and tracing unclaimed policies left behind in India.
