Guidelines On Applications For Approval Of New And Repackaged Life Insurance Products

In addition to the provisions discussed above which are applicable to all individual life insurance policies (both term and permanent) there are certain provisions which are applicable to only permanent life insurance policies. These provisions are as follows:  a.        Non-forfeiture Provision b.        Policy Loan Provision.  c.        Settlement option  

Procedures to Follow

Not Avaiable

Responsible Institution

National Insurance Commission


Relevant Forms to Download

Not Available

Fees & Charges

Not Avaiable