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Release of insurance policies

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Full Text of the Document

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....ring on or after 16-3-1985, the Life Insurance Corporation Policies taken for the purpose of payment of estate duty may be reassigned in favour of policyholders. Though a number of policies have been thus reassigned, a large number are still pending for reassignment. The matter has been considered by the Board in consultation with the Deptt. of Insurance and it has been decided that the policies ....

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