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Can the records of a rupee policy be transferred out of India?

April 26, 2017India policy records rupee transferred

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Can the records of a rupee policy be transferred out of India?

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Records of a rupee life insurance policy cannot be transferred from an office in India to an office outside India without prior approval of the Reserve Bank. Such transfers are authorised only if transfer of actuarial reserves is not involved or the policy-holder is eligible for a capital transfer from India.