Insurance Act, 1938

This edition of The Insurance Act, 1938 (Act 4 of 1938), updated with the latest amendments introduced by the SABKA BIMA SABKI RAKSHA (Amendment of Insurance Laws) Act, 2025 (Act No. 40 of 2025, dated 20-12-2025), provides an authoritative and up-to-date bare act reference on insurance law in India. Designed to present the law as enacted, the book reproduces the statutory text with precision, making it highly suitable for legal study, examinations, and professional use.

The publication incorporates the Insurance Act, 1938 along with allied rules, regulations, and procedures that govern the insurance sector, ensuring comprehensive coverage and alignment with the current regulatory framework as applicable in 2026. Along with the principal Act, it includes:
• The Insurance Rules, 1939
• The Insurance Ombudsman Rules, 2017
• The General Insurance Business (Nationalisation) Act, 1972
• The Indian Insurance Companies (Foreign Investment) Rules, 2015
• The Insurance (Appeal to Securities Appellate Tribunal) Rules, 2016
• The Insurance (Procedure for Holding Inquiry by Adjudicating Officer) Rules, 2016

Presented as a bare act with short comments, this edition is especially useful for students preparing for law and professional examinations, legal practitioners, insurance professionals, compliance officers, and corporate advisors who require an accurate and current statutory reference. Whether used in academic study, regulatory compliance, or legal practice, this book serves as a reliable guide to the legislative framework governing insurance in India as amended up to 2025 and applicable for 2026.