News From Press LIC agents voice concerns over commission cuts and clawback clause amid policy restructuring

LIC agents voice concerns over commission cuts and clawback clause amid policy restructuring

Source: BT Oct 26, 2024

Life Insurance Corporation (LIC) agents are raising concerns over recent commission adjustments and new surrender value regulations, which they fear could impact their earnings. Under the new structure, LIC reduced the first-year commission from 35% to 28%, per reports.

Click here to read more.

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Diwali cleaning but for your investments: How to remove risky, underperforming assets from portfolio

PM Modi to launch health cover for senior citizens above 70 years on October 29

Business Cycle Funds Deliver Upto 56% Returns In Last One-Year To Outperform Broader Market

InsuranceDekho and RenewBuy in advanced discussions for Rs 8,000 crore merger

Returns across debt, equity and gold to converge to a narrow range in Samvat 2081: Nilesh Shah

MF investor count crosses 50 million after 10 million additions in a year

Sebi levies Rs 16 lakh fine on Edelweiss Asset Management, 2 senior officials for MF rule violation

MF investors bet over Rs 17K crore on key equity schemes amid selloff

Health insurance portability: Know when and how to initiate

Multi-asset funds have multiple points of appeal, inflows rise over two-fold

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS