section 47
Policy of Insurance
The Indian Stamp (Arunachal Pradesh Amendment) Act, 2007A-SEA INSURANCE (See section 7) (1) for or upon any voyage- (i) where the premium or consideration does not exceed the rate of one-eights per centum o, the amount insured by the policy: Five paise (ii) in any other case, in respect of every full sum of one thousand live hundred rupees and also any fractional part of one thousand five hundred rupees insured by the policy: Five paise (2) for time- (i) in respect of every full sum of one thousand rupees and also any fractional part of one thousand rupees insured by the policy: (ii) where the insurance shall be made for any time not exceeding six months: Five paise (iii) where the insurance shall be made for any time exceeding six months and not exceeding twelve months: Ten paise B.- FIRE-INSURANCE AND OTHER CLASSES OF INSURANCE, NOT ELSEWHERE INCLUDED IN TH IS ARTICLE, COVEBING GOODS, MERCHANDISE, PEBSONAL EFFECTS, (BOPS AND OTHER PROPERTY AGAINST LOSS OR DAMAGE. (1) in respect of an original policy (i) when the sum insured does not exceed Rs. 5,000: Ten paise (ii) in any other case: Twenty five paise (2) in respect of each receipt for any payment of a premium on any renewal of an original policy: Fifty paise C. - ACCIDENT AND SICKNESS INSURANCE- (a) against railway accident, valid for a single Journey only: Five paise Exemption: When issued to a passenger traveling by the intermediate or the third class in any railway; (b) in any other case-for the maximum amount which may become payable in the case of any single accident or sickness where such amount does not exceed Rs.1,000, and also where such amount exceeds Rs. 1,000 for every Bs. 1,000 or part thereof: Ten paise provided that, in case of a policy of insurance against death by accident when the annual premium payable does not exceed Rs. 2.50 per Rs. 1000, the duty on such instrument shall be five paise for every Rs. 1,000 or part thereof the maxi mum amount which may become payable under it. CC- INSURANCE BY WAY OF INDEMNITY against liability to pay daages on account of accident to workmen employed by or under the insurer or against liability to pay compensation under the Workmen's Compensation Act, 1923 (8 of 1923), for every Rs.100 or part thereof payable as premium: five paise. D.- LIFE INSURANCE I OR GBOUP INSURANCE OR OTHER INSURANCE NOT SPECIFICALLY PROVIDED FOR, except such a [table content continues]
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