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—The sums assured by all insurance policies issued bythe Company which include any bonuses declared in regard thereof and, matter to the provisions containedin area 14 the quantities confident by all policies issued by any insurance company the liabilities less than which havevested from the Company under this Act, and all bonuses declared in regard thereof, irrespective of whether ahead of orafter the appointed day, shall be assured as to payment in hard cash from the Central Govt - Seciton 37, LIC ACT 1956.
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