News From Press Govt proposes major amendment to insurance act to open up agent ties

Govt proposes major amendment to insurance act to open up agent ties

Source: CNBC Nov 30, 2024

To enhance competition and broaden consumer choices, the government has proposed amendments to the Insurance Act that would allow agents to partner with multiple insurers across life, general, and health insurance segments. Currently, agents are restricted to tying up with just one insurer in each category.

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

Beat volatility with multi-cap funds

Irdai issues show cause notice to Star Health for violating norms

RBI holds repo rate again. Here’s what fixed-income investors should do

Navigating the RBI's rate pause: A guide for equity investors

Fresh SGB issuance unlikely: How much will you gain if you buy Sovereign Gold Bonds from stock market

A century of savings and mutual funds

RBI approves Canara Bank's stake sale in MF, insurance subsidiaries via IPO

Equity MF exposure to financial stocks falls

Rise in DIY investing: Direct plans now make up around 40% of SIPs

Got Rs 10 lakh to invest? Here's the best option to get the most out of this market

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