International Group Insurance Products with Full Description:

International Executive Security in India is one of our specialties including kidnap and ransom insurance in India.

There is no cost to have McKinley International on "retainer" and we share advice with clients every day with no consulting fees.

If you employ expatriates and other international assignees, you never know what may cross your desk and you need a partner that can navigate ANY issue that may come your way.

Your current broker or consultant may lack international experience (99% do), and there is no conflict because we do NO U.S. domestic benefits.

For an in depth review of these international group insurance topics, please review each of the 4 white papers below:



The level of medical care has increased so dramatically in the last 20 years that India is going after it's share of the medical tourism market where foreign nationals enter the country to seek care for conditions not covered under home country medical plans, or they are uninsured .


Only about 10% of the Indian local national population has health insurance like we understand it in the U.S. with most of the population using Primary health centers are the cornerstone of the rural health care system. By 1992, India had about 22,000 primary health centers, 11,200 hospitals, and 27,400 lesser clinics.

The Apollo hospitals is a chain of medical facilities that offer a consistent quality of good care across the country.

You need expatriate insurance in India or you have Indian nationals working as expatriates outside of India.

In Asia, India is second only to china in the number of expatriates and U.S. and European business interests. The number of U.S. expatriates in India has been growing rapidly since 1992 and has been averaging over 20% growth a year, with Bangalore being the number 1 city for U.S. expatriates in India.

Expatriate Insurance for India

The number of british expatriates in India is second only to the U.S., with the number of british expatriates in India being understandable because of the long history between the two countries.

U.S. expatriates in India should be under an international medical insurance scheme that includes medical evacuation and repatriation. Although the quality of healthcare expatriates can find in India has risen dramatically in the last 20 years, there are still some conditions where an expatriate will need to be medically evacuated out of India in order to receive the proper treatment. The Artemis Health Institute at Gurgaon is a 500 bed world class facility where heart operations are normal, but most of India lacks good healthcare.

India and expatriate security.

If you say the words terrorist attacks, India is only about the 10th country of people's minds with people even saying Bali (Indonesia), and Northern Ireland before India. However, India has a long history of terrorist major attacks. In Mumbai alone where we all know of the famous Terrorist attack of November 2008, there have been six other major terrorist attacks in Mumbai since 2002 and this is one city in India.

Any organization that will send expatriates or business travelers to India needs a comprehensive security and kidnap & ransom plan.

Terrorists on December 13, 2001 (picture on left) attacked the Parliament resulting in a 45-minute gun battle in which 9 policemen were killed. The attack took place after both Houses of Parliament had adjourned for the day. The suspected terrorists dressed in commando fatigues entered Parliament in a car through the VIP gate of the building. The terrorists set off massive blasts and have used AK-47 rifles, explosives and grenades for the attack.

Away from expat issues, if you need to provide local national insurance in India for local hires, please contact us using the form on the contact page.

For expatriates relocating to India; About the economy

• Third largest global economy
• GDP over $4.5 trillion
• Annual national income per capita: $920
• Growing economy, but poverty is pervasive
• Working age population (ages 15-64) expected to jump
from 704 million in 2005 to 1.0 billion in 20308
• Median age: 23.8 years
• Life expectancy at birth: 63.5 years

Despite its rapidly expanding economy and pockets of urban prosperity, more than a third of India’s population lives on less than $1 per day. The gap between this large poor population and the growing ranks of wealthy urban workers highlights the fact that India’s economy is as complex as the nation itself. Indian workers in the so-called “informal” economy often have limited access to benefits systems. Workers in the organized economy have more options, but employers that offer benefits rarely offer more than health insurance or term life insurance

51% of Indian employees currently lacking employer-provided benefits say they would be interested in purchasing term life insurance through their employer, even if they had to pay 100% of the cost.

Despite their concerns about taking care of elders, the vast majority of Indian workers surveyed (80%) have not done any planning for their own retirement, in part due to the relatively young age of the population. Indeed, the concept of retirement is a distant one for many Indians: 33% say they do not plan to retire at all.

The need to pay for health insurance which is currently owned by only 58% of employees surveyed, is among Indian workers top financial concerns: 84% of Indian employees say they are extremely concerned about having appropriate health insurance coverage, and 79% are extremely concerned about being able to afford health care in their retirement years. Life insurance is also seen as a financial priority:

The expatriate health insurance in India probably should not be extended to Indian nationals with the exception of very high level employees that spend a good amount of time traveling outside of India.

• 92% of Indian employees have taken steps to determine their household’s financial
needs with regard to life insurance.
• 81% of employees currently have term life insurance; 22% obtained this coverage from their employer and 58% purchased it from providers outside the workplace.
• 86% of Indian employers that offer benefits offer health insurance; 66% offer term
life insurance; and 44% offer disability insurance.

Expatriate Insurance India Needs Chart (1 to 10 with 10 being a critical need) Looks at the need for expatriate insurance vs. what can be obtained in the local market or what many not even be needed for an expatriate assignment in India.

Expatriate Health Insurance in India 9
International Medical Evacuation in India 7
Expatriate Life Insurance in India 8
Expatriate Disability Insurance India 8
Cross Cultural Training for assignments in India 7
International EAP in India (for U.S. expats living in India) 7
International Workers Compensation Insurance India 9
Expatriate Property Insurance in India 8
Expatriate Liability Insurance in India 7
Kidnap and Ransom Insurance in India 5
Emergency Security Planning / Evacuation Plan India 5
Local Admitted Coverage Needed for Expatriates living in India 3
Place Indian Nationals under an offshore or U.S. expat plan Never **
Indian healthcare system works in the United States Never
Repatriation of Remains India for Expatriates (insurance to return remains) 8

India—Provision Three of Section 2-C of the Insurance Act of 1938 provides that no insurer other than an local Indian insurance company can carry on any business or class of insurance in India on or after the start of the Insurance Regulatory and Development Authority Act of 1999. Furthermore, there is a requirement of registration under Section three of the Insurance Act of 1938, which provides that no person can carry on insurance in India unless it has obtained from the Insurance Regulatory Authority a certificate of registration and license. Regulation 3i of the Foreign Exchange Management (Insurance) Regulations provides that (a) a person resident in India may take or continue to hold a general insurance policy issued by an insurer outside India; provided, that the insurance policy is held, under a permission of the Government or (b) a person resident in India may continue to hold any general insurance policy issued by an insurance company outside of India when such person was permanent resident outside India. Regulation Five of the Memorandum of Exchange Control Regulations, relating to the General Insurance in India provides that persons, firms, companies and others resident in India cannot take insurance cover of any kind with insurance companies in foreign countries without the permission of the Reserve Bank of India. Further, permission of Government of India under General Insurance Business (Nationalisation) Act of 1972 is also required to be taken in such cases.

Here is a link to the website that the Indian Government created via the Insurance Regulation and Development Authority (IRDA) a new insurance education portal for the public.

Indian website address is http://www.policyholder.gov.in/

If you are sending expatriates to work in India, please contact McKinley International Risk Management for more information on expatriate insurance India. We also specialize in Third Country National Insurance for those working in India. For example, a company may hire Philippino nationals to work temporarially in India.