Permission to Take or Hold a General Insurance Policy Issued by an Insurer outside India

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Full Text of the Document

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....take or continue to hold a general insurance policy issued by an insurer outside India, provided that, the policy is held, under a specific or general permission of the Central Government. (ii) A person resident in India may continue to hold any general insurance policy issued by an insurer outside India when such person was resident outside India. Provided further that where the premium due....