CS Professional · Banking and Insurance - Laws and Practice · General and Health Insurance
Under the Insurance Act, 1938, which body is deemed to be constituted as the representative body of insurers carrying on general, health insurance and re-insurance business in India?
The General Insurance Council. Section 64C deems the existing council to be constituted as the representative body of insurers carrying on general, health insurance and re-insurance business in India, while the Life Insurance Council represents life insurers.
- ALife Insurance Council
- BGeneral Insurance CouncilCorrect
- CInsurance Advisory Committee
- DTariff Advisory Committee
Explanation
Section 64C deems the existing General Insurance Council to be constituted as the representative body of insurers carrying on general, health insurance business and re-insurance in India. The Life Insurance Council represents life insurers only.
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