Insurance Laws (Amendment) Bill, 2014

The Insurance Laws (Amendment) Bill, 2014, wherein the Government of India has strengthened the hands of insurance policyholders while bringing in additional transparency in conducting insurance business in India, has been passed by both Houses of Parliament. On being sent to the President of India and after receiving presidential assent on the Bill, it will become an Act of Parliament and will then be known as Insurance Laws Act, 2014 (as amended).

We list here certain important amendments for the information of our readers.