Under the Insurance Act, 1938, the minimum paid-up capital required for starting a life insurance co

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ExplanationSection6oftheInsuranceAct1938specifiestheminimumcapitalrequirementsforinsurancecompaniesForalifeinsurancecompanytheminimumpaidupcapitalis10croreThecapitalrequirementsforothertypesofinsurancecompaniesgeneralinsurancehealthinsuranceetcmaydiffer

Question

Under the Insurance Act, 1938, the minimum paid-up

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Question

Under the Insurance Act, 1938, the minimum paid-up

Solution

Relevant for Exams:

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