Mid size general insurers are the best pay masters
On the other hand, the majority of large players have single digit commission payout structure, reveals a report released by the General Insurance Council (GIC).
by Nishant Patnaik and Riddhima Bhatnagar Aug 28, 2024
Very soon insurers and MFs can use KYC details of each other
IRDAI has asked insurers to start uploading verified KYC details of all policyholders.
by Nishant Patnaik Aug 19, 2024
IRDAI imposes Rs. 2 crore penalty on HDFC Life
IRDAI has found that the life insurer delayed claim settlement and paid additional money to intermediaries.
by Team Cafemutual Aug 12, 2024
An LIC agent earns Rs.15,000 per month: Govt
LIC agents of Andaman & Nicobar, Arunachal Pradesh and Mizoram draw the highest per month commission.
by Nishant Patnaik Aug 12, 2024
Govt to introduce a new NPS for minors
NPS Vatsalya will enable parents and guardians to open NPS account on behalf of minors.
by Muzammil Bagdadi Jul 24, 2024
Govt. reduces TDS on insurance commission to 2%
The move will provide more funds at the disposal of over 29 lakh insurance agents.
by Nishant Patnaik Jul 24, 2024
LIC to transform its agency network
The life insurer has over 14 lakh agents.
by Nishant Patnaik Jul 7, 2024