Insurance exemption scope expanded to cover individual and family life and health policies and their reinsurance, with ecommerce delivery exclusions. The notification adds exemptions for life and health insurance services to non-group insureds and for reinsurance; clarifies these exemptions apply to individual or individual and family contracts with 'family' so defined; excludes local delivery services provided by or through an electronic commerce operator from the goods transport agency definition; introduces a 'group' definition for the insurance exemptions; and defines 'health insurance business' to include sickness, medical, hospital, travel and personal accident benefits. Effective date: 22nd September, 2025.
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Provisions expressly mentioned in the judgment/order text.
Insurance exemption scope expanded to cover individual and family life and health policies and their reinsurance, with ecommerce delivery exclusions.
The notification adds exemptions for life and health insurance services to non-group insureds and for reinsurance; clarifies these exemptions apply to individual or individual and family contracts with 'family' so defined; excludes local delivery services provided by or through an electronic commerce operator from the goods transport agency definition; introduces a 'group' definition for the insurance exemptions; and defines 'health insurance business' to include sickness, medical, hospital, travel and personal accident benefits. Effective date: 22nd September, 2025.
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