Six insights into what non-resident Indians want
By Mark Battersby, 25 Apr 18
What are the main concerns that non-resident Indians who live in the UAE have about their own financial planning needs and how can advisers help?
NRIs are under-insured
NRIs have not embraced life insurance yet. Only 13.6% have life cover with an international insurer; (which is portable overseas) and less than a third consider protecting their family in the event of their death. The impact on the family unit of the death of the breadwinner doesn’t bear thinking about. NRIs need to insure.