# If you'd like to omit non-matching lines from the result; add ';d' to the end of the expression.
sed -E 's/\b(?:INDIVIDUAL|BUSINESS)\b(*SKIP)(*F)|.//gm;t' <<< "|Name:James Indiana|type:INDIVIDUAL|Id::G123456789&M|Location:Indonesia|
|Name:James Bond|type:BUSINESS|Id::G&987654321M|Location:Indonesia|\")"
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for SED, please visit: https://www.gnu.org/software/sed/manual/html_node/The-_0022s_0022-Command.html