Insurance

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.... this issue. Life insurance and General Insurance Business in India can be undertaken by Insurance companies registered with Insurance Regulation and Development Authority, (IRDA). Regulation 3, of Foreign Exchange Management (Insurance) Regulations, 2015 provide permission to take or hold a general insurance policy issued by an insurer outside India * (i) Health Insurance policy outside India....

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.... to hold a general insurance policy other than referred in (i) and (ii) above, issued by an insurer outside India, * the policy is held, under a specific or general permission of the Central Government. * (iv) 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. * (v) Payment of Premium du....