Insurers can offer the following seven types of life
insurance products:
(i) whole life insurance,
(ii) pure
endowment insurance,
(iii) term life insurance,
(iv)
endowment insurance,
(v) annuity insurance,
(vi)
investment-linked insurance, and
(vii) pension
insurance.
The terms, conditions and premium scales
of life insurance products must be approved by the
MOF before they can be offered to the public.
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1 comments:
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General Insurance India
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