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They offer good service and assist at claim stage; newbies have high turnover rates
Proposes that commissions to agents can't exceed management expense limit
New rules are introduced on September 1, Thursday 2022. Banking norms, gas cylinders, insurance premiums and property prices will be impacted. Read this detailed article to know more
Insurance regulator's board proposes limit on expenses of management for general insurers
CARE Ratings, in a note, said growth could potentially return in Q2 or Q3 and distribution channels could see significant realignment, with digital sales rising at the cost of individual agents
There are only 220,217 MF distributors compared to 2.1 million insurance agents
Life Insurance Corporation (LIC) has released the LIC ADO Mains Result 2019 at licindia.in; steps to check
Ensure that you have a life and medical policy in place. This will safeguard your family against any eventuality and cover liabilities
It could be best if you work with HNIs buying policies with good sum assured
Insurance companies are trying to ensure that they do follow-ups to retain customers, but you need to be alert as well
Move to help individual companies in having a background check of intermediaries before engaging them
Irdai guidelines mandate they must disclose details of commissions for traditional life products
The life insurance sector has faced a challenge of agents leaving the profession