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Union of India - Section

Section 8 in Insurance Regulatory and Development Authority of India (Non-Linked Insurance Products) Regulations, 2019

8.

The product filing documents shall clearly mention the following classification:
(a)Par/Non-par
(b)Life/Pension/General Annuity/Health.
(c)Individual/Group
(d)Savings/Pure risk premium product.
Chapter-III Minimum Death Benefit