Insurance Agents
Purchase policy only from an established insurance agent for good service
They offer good service and assist at claim stage; newbies have high turnover rates
 "Purchase policy only from an established insurance agent for good service")
Irdai draft norms do away with specific caps on commissions to agents
Proposes that commissions to agents can't exceed management expense limit
 "Irdai draft norms do away with specific caps on commissions to agents")
New rules from Sept 1 2022: LPG prices, expressway toll taxes and more
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
 "New rules from Sept 1 2022: LPG prices, expressway toll taxes and more")
Irdai may offer more flexibility to insurers in corporate agency tie-ups
Insurance regulator's board proposes limit on expenses of management for general insurers
 "Irdai may offer more flexibility to insurers in corporate agency tie-ups")
Life insurance industry to recover in next quarter, says CARE Ratings
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
 "Life insurance industry to recover in next quarter, says CARE Ratings")
At 10:1, life insurance agents outmatch mutual fund distributors
There are only 220,217 MF distributors compared to 2.1 million insurance agents
 "At 10:1, life insurance agents outmatch mutual fund distributors")
LIC ADO Main Result 2019 released on licindia.in: Steps to download
Life Insurance Corporation (LIC) has released the LIC ADO Mains Result 2019 at licindia.in; steps to check
 "LIC ADO Main Result 2019 released on licindia.in: Steps to download")
Life insurance: Don't depend blindly on the agent, look at your needs
Ensure that you have a life and medical policy in place. This will safeguard your family against any eventuality and cover liabilities
 "Life insurance: Don't depend blindly on the agent, look at your needs")
An insurance agent for high net-worth individuals can pay you richly
It could be best if you work with HNIs buying policies with good sum assured
 "An insurance agent for high net-worth individuals can pay you richly")
Agent changing insurer can leave you in the lurch
Insurance companies are trying to ensure that they do follow-ups to retain customers, but you need to be alert as well
 "Agent changing insurer can leave you in the lurch")
Insurance Information Bureau plans central data base of insurance agents
Move to help individual companies in having a background check of intermediaries before engaging them
 "Insurance Information Bureau plans central data base of insurance agents")
Transparency wave now covers insurance agents
Irdai guidelines mandate they must disclose details of commissions for traditional life products
 "Transparency wave now covers insurance agents")
Insurance agents crashing out
The life insurance sector has faced a challenge of agents leaving the profession
 "Insurance agents crashing out")
