Dollar or rupee? What NRIs should know before buying GIFT City insurance
“If you’re settling abroad for good, your dependents are there, and expenses (mortgage, foreign tuition) are dollar-denominated, a dollar plan removes the rupee-depreciation risk on the payout… The rupee has drifted down roughly 3% a year against the dollar for decades, so ₹1 crore of cover today buys noticeably less in dollar terms 20 years out,” said Raj Ahuja, co-founder of Turtle Finance. “Match the currency of your biggest future liability, not your current salary.”
