Amendment status not verified — confirm the current text below against the official source.
1 [4. Minimum limits for annuities and other benefits secured by policies of life insurance. -- The insurer shall pay or undertake to pay on any policy of life insurance or a group policy issued, a minimum annuity and other benefits as may be determined by regulations excluding any profit or bonus provided that this shall not prevent an insurer from converting any policy into a paid-up policy of any value or payment of surrender value of any amount.]
Amended up to 2019-03-25View on India Code →