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[Cites 0, Cited by 1] [Section 64UM] [Entire Act]

Union of India - Subsection

Section 64UM(7) in The Insurance Act, 1938

(7)No insurer shall, after the expiry of a period of one year from the commencement of the Insurance Laws (Amendment) Act, 2015 pay to any person any fee or remuneration for surveying, verifying or reporting on a claim of loss under a policy of insurance unless the person making such survey, verification or report is an approved surveyor or loss assessor.