Future-Ready Insurance Solutions at GIFT City

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  • Tailored Solutions for NRIs
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Discover the Global Financial Hub – GIFT City

With the vision to create a world-class finance and IT zone, the GIFT City in Gandhinagar, Gujarat was developed as a financial and technology hub for individuals as well as businesses.

This business district offers world-class infrastructure and aspires to be at par with rival renowned centres like New York, London, Shanghai, Singapore and Dubai. GIFT City, India's first International Financial Services Centre (IFSC), serves as a hub for financial institutions to conduct international business typically managed through foreign offices. Units operating within the IFSC are classified as “Non-Resident” under Indian Exchange Control Regulations, functioning similarly to a foreign territory.

Transactions here are exclusively in foreign currency, excluding INR. The IFSC encompasses a wide range of financial services, including banking, finance, insurance, fintech, foreign universities and more.

SUD Life @ GIFT City – Insurance Beyond Borders

Whether you live in India or have been an NRI for some time now, having the right life insurance is crucial when you ensure financial security for your loved ones. When it comes to residents, there are various options available. Thankfully, under the Foreign Exchange Management Act (FEMA), Non-Resident Indians (NRIs) today can also explore several life insurance options that can not only help get the required coverage but also a long list of other benefits.

When looking for an insurer you can rely on, SUD Life Insurance is surely the name you can trust. With its presence across 19,500+ branches all over India, SUD Life offers tailor-made plans for people from all economic backgrounds. Soon, SUD Life will commence its operations in the GIFT City. The company plans to offer foreign currency-denominated life insurance to its international customers. 
SUD Life Insurance will be featuring a specialized team of experts dedicated to serving the city's global clientele. Along with this, there are also plans to introduce life insurance products for global Indians. These plans can be an ideal solution for those seeking long-term wealth growth and legacy planning.

    NEWLY LAUNCHED

    Why Choose SUD Life?

    1.51+ Cr Lives Covered

    3rd Largest Life Insurer for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

    19,500+

    Distribution Points across India

    24,700+ Cr

    Assests Under Management

    98.6%

    Claims Settled as per 31.03.2024

    5,641 Cr Gross Premium till Dec '24

    6,718 Cr Gross Premium Mar '24

    4,500 Cr EV* (Dec '24)

    *Indian Embedded Value 4,000 Cr (Mar'24)

    FAQ about GIFT City

    What is GIFT City?
    Where is Gift City?
    What is special about GIFT City?
    Who can invest in GIFT City?
    What are the investment opportunities in GIFT City?

    GIFT stands for Gujarat International Finance Tec-City.