News From Press Will the new cap on expense limits of insurers benefit policy buyers?

Will the new cap on expense limits of insurers benefit policy buyers?

Source: Mint Apr 13, 2023

The Insurance Regulatory and Development Authority of India (Irdai) has removed the individual cap on commissions paid by life insurance companies to intermediaries or agents, while stipulating an expenses of management (EOM) structure that insurers have to put in place.

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