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Permission to take or hold a general insurance policy issued by an insurer outside India

Regulation 3 - Regulation - Foreign Exchange Management (Insurance) Regulations, 2015 - Regulation 3 - 3. :- (i) A person resident in India may take or continue to hold a health insurance policy issued by an insurer outside India provided aggregate r .....

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registered in India with an insurer whose principal place of business is outside India without permission of Insurance Regulatory and Development Authority of India (IRDA). (iii) A person resident in India may take or continue to hold a general insu .....

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