INDIA CODE
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Section 33, Life Insurance Corporation Act, 1956 [S1D-MW2]

As at 7 September 2026. In force from 10 July 1956.

In Life Insurance Corporation Act, 1956 [A10-F46]. This text from 10 July 1956. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 33, Life Insurance Corporation Act, 1956 [S1D-MW2]. Machine: S1D-MW2.

33. Prohibition of the business of an insurance intermediary without licence.—No person shall undertake the business of an insurance intermediary except under and in accordance with the conditions of a licence granted under section 34: Provided that nothing in this section shall apply to the business of an insurance intermediary undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (1)

intermediary: Section 2, Life Insurance Corporation Act, 1956 [S1DKXW] (In this Act, unless the context otherwise requires,—): "intermediary" includes insurance brokers, re-insurance brokers, insurance consultants, corporate agents, third party administrators, surveyors and loss assessors

intermediary: 25 more definitions.

Made under this section, or naming it (0)

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Cited by (0)

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Not held (0)

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Duties published under this section (0)

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