Insurance Act, 1938 · Chapter IIA: Life Insurance Council and General Insurance Council and Committees Thereof
Section 64C: Councils of Life Insurance and General Insurance
On and from the date of commencement of this Act, —
(a) the existing Life Insurance Council, a representative body of the insurers, who carry on the life insurance business in India; and
(b) the existing General Insurance Council, a representative body of insurers, who carry on general, health insurance business and re-insurance in India,
shall be deemed to have been constituted as the respective Councils under this Act.]
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.