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The contemporary form of Life Insurance originated in India from England in 1818. The Oriental Life Insurance Company started in Calcutta in the year 1818 by Europeans, was the very first life insurance company in India. Today, we are going to talk about the history of life insurance in India.

The Insurance Institute of India is the statutory professional body for Insurance Underwriters established in 1955 in Mumbai by Insurance Regulatory and Development Authority of India and is under the jurisdiction of Ministry of Finance, Government of India for the purpose of imparting insurance underwriting education to persons engaged or interested in insurance underwriting. Updated List of Top 10+ Best General Insurance Companies in India to Buy Insurance Plans New India Assurance.

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