Insurance Act, 1938 | |
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Imperial Legislative Council (Now the powers of the act rest with Parliament of India) | |
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Citation | Act No. 4 of 1938 |
Territorial extent | India |
Enacted by | Imperial Legislative Council (Now the powers of the act rest with Parliament of India) |
Amended by | |
1940, 1941, 1946, 1950, 1955, 1968, 2002, 2015, 2021 | |
Status: Amended |
The Insurance Act, 1938 is a law originally passed in 1938 in British India to regulate the insurance sector. It provides the broad legal framework within which the industry operates.[1]