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Insurers selling other financial products is ultra vires the 2 laws, will lead to problems: Legal experts

Insurers selling other financial products is ultra vires the 2 laws, will lead to problems: Legal experts  

02 Dec, 2022  

Chennai, Dec 2 (IANS) Even as some call the Indian government's proposal to allow insurance companies to sell other financial products as radical, legal eagles say it is ultra vires of the two insurance laws governing the sector and not beneficial for the policyholders.