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LIST OF COUNTRIES WITH RESIDENCE RATING

1) Residence Group I

Residence Group I will include the following 18 countries:

NRls and Foreign Nationals of Indian origin residing in the above countries will be allowed insurance cover without charging any residence extra:
i. Under Table Nos. 48, 162,171, 167 and 175, 178, 802 with Single Premium Mode Only (for Table No. 167 with premium paying term 3-5 yrs)

Maximum policy term of 15 years

Maximum Sum Assured of Rs. 10 lacs

All pension products without any life cover can be allowed without any limit
without charging residence extra to NRls but not Foreign Nationals of Indian origin.

2) Residence Group II

Residence Group II will include the following 39 countries:

NRls and Foreign Nationals of Indian origin residing in the above countries will
be allowed insurance cover without charging any residence extra:

i. Under Table Nos. 48, 162, 171, 167 and 175, 178,802
with Single Premium Mode Only(for Table No. 167 with premium paying term 3-5 yrs)

Maximum policy term of 15 years

Maximum sum Assured of Rs. 25 lacs

All pension products without any life cover can be allowed without any limit without charging residence extra to NRls but not Foreign Nationals of Indian origin.

NRls and Foreign Nationals of Indian origin residing in countries mentioned in Residence Group I and II will not be allowed insurance under other plans.


3) Residence Group III

Residence Group III will consist of the following 29 countries:

NRls and Foreign Nationals of Indian origin residing in the above countries will
be allowed cover with a residence extra of Rs. 4 %0 for a maximum rated up
sum assured of Rs. 25 lacs. The insurance will be offered under plans other than
pure term insurance (Table Nos. 43, 52, 58, 164 & 190). Term rider and CI rider
will also not be allowed.



4. Residence Group IV

Residence Group IV will consist of the following 4 countries:

5. Residence Group V

Residence Group V will consist of the following 11 countries:

NRls and Foreign Nationals of Indian origin residing in the above countries will
be allowed cover with a residence extra of Rs. 2 %0 for a maximum rated up
sum assured of Rs. 1 cr. The insurance will be offered under plans other than
pure term insurance (Table Nos. 43, 52,58, 164 & 190). Term rider and CI rider
will also not be allowed.

6. Residence Group VI

Residence Group VI will consist of the following 6 countries:

NRls and Foreign Nationals of Indian origin residing in the above countries will
be allowed cover with a residence extra of Rs. 1 %0 for a maximum rated up
sum assured of Rs. 1 cr. The insurance will be offered under plans other than
pure term insurance (Table Nos. 43, 52, b8, 164 & 190). Term rider and CI rider
will also not be allowed.

In addition to the above, NRls and Foreign Nationals of Indian origin residing in
Residence Groups III to VI can be allowed cover without charging any  residence extra as follows: -

   I. Under Table Nos. 48, 162,167, 171, 175, 178 and 802 with Single Premium Mode Only
   ii Under Table No. 167 (with premium paying term 3-5 yrs)

Maximum policy term of 15 years

Maximum sum Assured

Group 111- Rs 25 lacs

Group IV - 50 lacs

Group V & VI - 1 Cr

All pension products without any life cover can be allowed without any limit
without charging residence extra to NRls but not Foreign Nationals of Indian
origin.

Proposals from residents of Libya, Syria are to be postponed till further instructions.

7. Residence Group VII

Residence Group VII will consist of the following 99 countries:

Proposals from NRls residing in the above 98 countries can be accepted without
charging any residence extra under all plans of assurance and in accordance
with the existing guidelines applicable to NRls. However, critical illness rider
will not be allowed.

Executive Director (Underwriting & Reinsurance)