Hey Raghu,

Hope you are doing well! As far as my knowledge goes, insurers would not accept your proposal on the grounds of you being a student. Even if you apply for term insurance, they'll postpone your proposal.

I would suggest you get in touch with a couple of insurers like Max Life, Aditya Birla Sun Life, or Bajaj Allianz Life and confirm -

1. If they'll provide insurance to a student.
2. If they'll provide insurance to an NRI in the US. All insurance companies have a pre-defined list of countries in which they provide insurance to NRI's.

Hope this helps!

Thanks!