IndiaInsurance
13th January 2010, 08:39 AM
After imposing cap on the commission of unit-linked insurance products( Ulip) products, insurance regulator Irda is planning to impose similar cap on the traditional products, too. Irda chairman J Hari Narayan, while speaking to FE on the sidelines of Ficci Insurance Summit in Mumbai on Tuesday, said, We now want a cap on commission charges for the traditional insurance products. But, we will think of doing it only in case we find that the same has gone well for the Ulip products, which was implemented , since the beginning of the current calendar year. The move to cap the commission ...
More... (http://in.biz.yahoo.com/100112/50/bauw4g.html)
More... (http://in.biz.yahoo.com/100112/50/bauw4g.html)