Distribution of Surplus to Policyholders

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....ntrol and Market Conduct of Insurance Business) Regulations, 2023<br>CHAPTER - IV MARKET CONDUCT 15. Distribution of Surplus to Policyholders - (1) Every IIO permitted to transact life insura....

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.... shall disclose the relevant provisions in this regard to the policyholders as well as make provisions for the same in their book of accounts; (4) Every IIO shall submit the approved policy on dist....