policy-reviewlisted

# Policy & Wording Review — Insurance Act 2010 Regime Config gate: book-of-business profile. Output = attorney-review markup. ## Anchors (links via `references/full-statute-corpus.csv`) | Instrument | Practice point | |---|---| | Insurance Act 2010 | registration by class; policy-form filing; premium collection before risk (s.18 lineage — "no risk without premium" `[verify section]`); claim-settlement timelines; policyholder-protection fund | | IDRA Act 2010 | directive/circular power — check current IDRA circulars for the class | | বীমা কর্পোরেশন আইন, ২০১৯ | SBC/JBC state corporations; mandatory reinsurance cession share `[verify current %]` | | Riot & Civil Commotion Risks Insurance Ordinance 1947 | special-risk pools | | Contract Act 1872 | utmost good faith, insurable interest, s.27 issues in tied arrangements | ## Procedure 1. Confirm the wording matches the IDRA-filed form for that class; deviations are findings. 2. Exclusions: test each against statutory claim-settlement duties and consumer-facing reasonableness (broad "all risks excluded unless" formulations flag RED). 3. Conditions precedent: notice windows, documentation demands — check against Insurance Act settlement-deadline provisions (claims payable within 90 days of completed documentation `[verify]`). 4. Distribution: agent/broker commissions vs IDRA caps; bancassurance per current guidelines `[verify — regime introduced 2023-24]`. 5. Output clause-by-clause table: keep / amend (with draft)