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LIAFI writes to IRDAI seeking higher commissions for insurance agents — Check demands
The Life Insurance Agents’ Federation of India has urged IRDAI to raise agents’ commissions, citing long-term policy servicing duties and rising business costs. It says a financially sustainable ...
When you pay a life insurance premium, part of that money goes towards providing insurance cover and other policy costs. A portion can also be paid as commission to the distributor who sells the ...
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Insurance rules: Curb on hefty insurance agent commissions; IRDAI chief outlines new plan
Insurance Rules: Customers are often sold insurance policies they do not actually need. In the insurance industry, this practice is known as "mis-selling." Customers have long complained that agents ...
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