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Penalties For Non-Compliance With NIC Directives

A lead insurer who fails to notify all the co-insurers within 24-hours a er receiving the insurance premium shall be liable to a penalty of 1,000 penalty unit in each case of failure to notify.

Subject : Penalties For Non-Compliance  

Procedure to Follow


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Responsible Institution
Relevant Forms to Download

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Online System
Fees/ charges

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