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  • News From Press Mutual Funds: Your insurance agent may now sell MF, pension products, FDs

    Mutual Funds: Your insurance agent may now sell MF, pension products, FDs

    Source: Financial Express Dec 6, 2018

    In order to increase insurance penetration in the country, the regulator has proposed to widened the ambit of insurance marketing firms (IMFs). They can now sell group insurance products for micro small and medium enterprises (MSMEs), crop insurance for non-loanee farmers and combination products. A particular insurance marketing firm can operate in only three districts within a state.

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