https://www.irda.gov.in/admincms/cms/whatsNew_Layout.aspx?page=PageNo2648&flag=1
To all the Life Insurers
Ref:IRDA/Life/GDL/MISC/186/10/2015Date:28-10-2015
Applicability of provisions of Sec 45 of Insurance Act 1938 in various scenarios
After amendment to Section 45 of Insurance Act 1938 , we have been receiving queries from the Life Insurers with regard to the application of new provisions in various scenarios that can arise during the course of life insurance policies in general and more specifically the approach to be taken for...