The Life Insurance Corporation Act, 1956 (LIC Act) - Complete Bare Act with All 53 Sections | Law on Tips | Law on Tips
The Life Insurance Corporation Act, 1956 (LIC Act) is an Indian legislation passed by the Parliament of India. An Act to provide for the nationalisation of life insurance business in India by transferring all such business to the Life Insurance Corporation. It contains 53 sections organized across 7 chapters.
The Life Insurance Corporation Act, 1956
Act ID: life-insurance-corporation-act-1956
The Life Insurance Corporation Act, 1956
"An Act to provide for the nationalisation of life insurance business in India by transferring all such business to the Life Insurance Corporation."
Overview
What is The Life Insurance Corporation Act, 1956 (LIC Act)?
The The Life Insurance Corporation Act, 1956 (LIC Act) is an Indian legislation containing 53 sections across 7 chapters. An Act to provide for the nationalisation of life insurance business in India by transferring all such business to the Life Insurance Corporation.
Sections53 across 7 chapters
Jurisdiction
Republic of India
Passed byParliament of India
AbbreviationLIC Act
Verified by Law on Tips Editorial Team · Browse the complete table of contents below