Exemption for individual life and health insurance extended to include family contracts and reinsurance; ecommerce delivery excluded. The notification inserts an exclusion for local delivery services provided by or through an Electronic Commerce Operator, adds exemptions: 36C and 36D for life and health insurance services to insured persons who are not a group (applicable to individuals or individuals and their family), and 36E for reinsurance of those services. It revises the definition of 'goods transport agency' to exclude e-commerce operators providing local delivery, defines 'group' for the insurance exemptions to include employer-employee and certain non employer-employee groups, and defines 'health insurance business.'
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Exemption for individual life and health insurance extended to include family contracts and reinsurance; ecommerce delivery excluded.
The notification inserts an exclusion for local delivery services provided by or through an Electronic Commerce Operator, adds exemptions: 36C and 36D for life and health insurance services to insured persons who are not a group (applicable to individuals or individuals and their family), and 36E for reinsurance of those services. It revises the definition of "goods transport agency" to exclude e-commerce operators providing local delivery, defines "group" for the insurance exemptions to include employer-employee and certain non employer-employee groups, and defines "health insurance business."
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