The consultation paper proposes maximum commission limits for individual non-linked and linked life insurance policies based on the premium payment term ...
Life Insurance Commissions in India rose from 5.18% of total premium in 2021-22 to 6.86% in 2024-25, while total premium grew ...
IRDAI’s proposed commission overhaul could significantly reshape insurance distribution, with payouts rising far faster than ...
The story of commissions leading to mis-selling in insurance is not new. This discussion has been going on for more than a ...
IRDAI’s proposed insurance commission caps could significantly reduce payouts to agents, brokers and other distributors, while lowering insurers’ customer-acquisition costs. But whether those savings ...
86% of insurance buyers say they were not informed about the commission their agent/distributor would receive from insurance ...
Insurance and insurance-linked stocks fell between 10 per cent to 20 per cent on Thursday in reaction to the draft paper on these distribution reforms.
Agents urge IRDAI to shield livelihoods amid reforms, seeking level playing field, grandfathering, and impact assessment to protect rural policyholders.