I am a 54 years age ,a resident of India .I work for an American
cruise company  .I  need to buy a term life insurance product to
secure my family over next 10 years .I  am in excellent health and a
preferred risk.
I  was a US resident before and I had  sufficient insurance.Now as a
non US resident,I can not have insurance from most US companies known
to me.
I need  a list of insurance companies who will write me a term
insurance product  while  I am an Indian citizen,a temporary  resident
of India,working for an American company outside America and am able
to pay premium in US dollars.Kindly provide links to such insurance
companies and they must be   reputable,rock solid,well regulated and
monitored   so that the product stands by the promise in case
something happens to me.
Regards-sunshiner-ga

Indian insurance companies are allowed to issue policies to
non-resident indians. Premium is collected in foreign exchange and if
there is a claim while the insured is abroad it can be settled in
dollars if the person returns to India it is settled in Rs. You can
check out this FAQ from Life Insurance Corporation of India

http://www.licindia.com/nri_centre.htm#2a

According to two year old info that I have the following companies
were issuing 10-year term policies to those upto 55 years of age


Government owned LIC, which accounts for 75% of the indian insurance
market, will sell you a policy. The premium for a Rs 10 lakh policy
works out to Rs 17,384 per year or a one time premium of Rs 1,18,910.

LIC's term insurance product is called Jeevan Anmol.

You can check out other combinations using their premium calculator

http://www.licindia.com/premium_calculator.htm

In addition these private companies also offer term insurance. You can
do a search for their website and use their premium calculator to
check out their term rates

ICICI Prudential
OM Kotak
HDFC Standard Life
Birla Sun Life Insurance

Hello mytwocents-ga on 08 Dec 2005 01:24 PST 
Thanks for your  comment. Indian insurers are not evolved or motivated
 enough  nor willing enough to provide the term insurance produt they
do advertise.
They only want to sell whole life product and not term product.I have
hasd bad experienc with Indian companies and has had excellent
experience with US companies while I was in USA but now,I am in India
for now
Only real insurance for me or for anyone is to be in excellent health
and stay as far away as possible from untimely loss of life-  and that
is what I am doing.
Sunshiner