Health Insurance for NRIs in Saudi Arabia

Health Insurance for NRIs in Saudi Arabia provides comprehensive medical coverage to NRIs or Non-resident Indians living in Saudi Arabia. It covers the medical expenditures incurred by the NRIs during their visit or stay in India from Saudi Arabia. It also offers global coverage under some plans covering the cost of health facilities availed in Saudi Arabia.

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      Can NRIs in Saudi Arabia Buy Health Insurance Plans in India?

      Yes.

      All NRIs based in Saudi Arabia can purchase medical insurance from insurers in India. They can buy the policy for themselves and their families while living in Saudi Arabia or visiting India. However, they must provide proof of their Indian citizenship by submitting relevant documents, such as recent ITR, proof of residence, etc.

      Why NRIs in Saudi Arabia Should Buy Health Insurance from India?

      Here are some of the reasons why NRIs living in Saudi Arabia should buy health insurance from India:

      1. Lower Premiums

        Healthcare services in Saudi Arabia are available for a hefty price tag as compared to India. Although public healthcare in this Middle Eastern country is affordable, it has long wait times as the latest medical technologies have to be made available. As a result, the liability of the insurance companies increases, and hence, health insurance automatically becomes expensive in Saudi Arabia. But if NRIs purchase medical insurance from India instead of Saudi Arabia, they can end up saving a lot of money. 

      2. GST Refund

        NRIs who pay tax in Saudi Arabia do not have to pay any GST while buying health insurance from India. Since a GST of 185 is charged as part of the health insurance premium in India, NRIs in Saudi Arabia can claim a GST refund from their Indian insurer if their annual policy was purchased from an NRE account. However, they must submit the TRC, a declaration, and 6 months bank statement of the NRE account to claim the refund.

      3. More Plan Options

        Saudi Arabia-based NRIs can get several health insurance plan options in India as more than 20 IRDAI-registered insurers offer medical insurance in India. Besides, they can find multiple plan options for various health needs of different people. Hence, NRIs can make an informed decision by buying the best plan after comparing all available plans.

      4. Global Coverage

        Several health insurance plans in India offer global coverage to NRIs, including those based in Saudi Arabia. This enables NRIs living in Saudi Arabia to get their medical expenses covered in India as well as in this Middle Eastern country.

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      How to Buy Health Insurance for NRIs in Saudi Arabia?

      Given below is a step-by-step procedure that NRIs in Saudi Arabia can follow to buy health insurance from India:

      Step 1: Go to the website of Policybazaar and select ‘Health Insurance’

      Step 2: Fill in your full name and pick your gender

      Step 3: Choose the family members you want to buy insurance for and enter their ages

      Step 4: Provide your city of residence in India or its pin code

      Step 5: Select ‘+966’ as the country code for Saudi Arabia and provide your international phone number

      Step 6: Choose the appropriate option providing details of your and your family’s medical history

      Step 7: Pick the health insurance plan for NRIs that you want to buy and pay the premium amount

      Step 8: The insurer will issue the health policy to the Saudi Arabian NRI.

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      Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

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      Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

      STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

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