Question
a.
When the policy holder is a person normally resident in India
b.
When the premiums are paid in rupees derived by surrender of foreign currency
c.
When the policy holder is an Indian national
d.
When the premiums are paid in foreign currency or in rupees derived by surrender of foreign currency
Posted under IC 14 Regulations of Insurance Business
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Q. Under what circumstances can personal accident policies be issued in foreign currency?
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