life insurance business means the business of providing or undertaking to provide policy benefits under life policies;
life insurance business means the business of effecting contracts of insurance upon human life, including any contract whereby the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, and any contract which is subject to payment of premiums for a term dependent on human life and shall be deemed to include—
life insurance business means the business of effecting contracts of insurance upon human life, including any contract whereby the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, and any contract
More Definitions of life insurance business
life insurance business. ’ means any activity conducted with the purpose of entering into or meeting insurance obligations under a life insurance policy;
life insurance business means the business of assuming the obligations of an insurer under life policies, funeral policies or sinking fund policies;
life insurance business means insurance business of a class specified as life insurance business under this Act;
life insurance business means business of any of the following classes—
life insurance business means the business of an insurer in effecting, issuing and carrying out life insurance;
life insurance business means the business of assuming the obligation of an insurer classified under Section 51 as transacting long term business;
life insurance business means the carrying on in India by a Company incorporated in India of a life insurance business including but not limited to Life and Annuity, Marriage and Birth, Linked Long Term, Permanent Health, Tontines, Capital Redemption, Pension Fund Management, Collective Insurance etc., Social Insurance;