OBS_VALUE: <ul><li><a href=https://www.lifeinscouncil.org/industry%20information/The_Insurance_Act_1938.pdf target=_blank>The Insurance Act, 1938(Act No. 4 of 1938, last amended on 20 March 2015)</a></li><li><a href=https://prsindia.org/files/bills_acts/acts_parliament/2015/the-insurance-laws-(amendment)-act,-2015.pdf target=_blank>The Insurance Laws (Amendment) Act, 2015(Act No. 5 of 2015, adopted 20 March 2015)</a></li></ul>