LIFE INSURANCE CORPORATION OF INDIA
New Delhi, the 2nd February, 2017
G.S.R. 86(E).—In exercise of the powers conferred under section 49 of the Life Insurance Corporation Act, 1956 (31 of 1956), the Life Insurance Corporation of India, with the previous approval of the Central Government, hereby makes the following regulations regulating the method of recruitment of agents and the terms and conditions thereof, namely
1. Short title and commencement.—
(1) These regulations may be called the Life Insurance Corporation of India (Agents) Regulations, 2017.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. Application.—These regulations shall apply to all agents appointed in India by the Corporation in respect of life insurance business.