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IRDAI Plans Insurance Distribution Overhaul, Commissions And Mis-Selling Face Tighter Rules

IRDAI Plans Insurance Distribution Overhaul, Commissions And Mis-Selling Face Tighter Rules
Photo: Free Press Journal · view original

New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has proposed sweeping changes to insurance distribution, targeting high commissions, hidden payouts and mis-selling while seeking to lower costs for policyholders. The proposals are part of IRDAI’s consultation paper,...

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