Regulation 14, IRDAI (Registration of Insurance intermediaries) Regulations, 2007 [SB7-ZGR]
As at 7 September 2026. In force from 8 August 2007.
Safe custody.—Every insurance intermediary shall keep every nomination to which these regulations apply in a receptacle or place reserved for the purpose at the premises where the business of an insurance intermediary is carried on, shall record in Form IRDA-5 the description of every nomination so kept and the date on which it was received, and shall furnish a copy of the record to the Central Government within thirty days of the close of each year.
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