IRDAI is reportedly looking at levelling commission structure throughout the policy term to improve persistency.

Report flags advice gap in life insurance as hurried sales conversations, low product literacy and incentive-driven selling ...

If, before retiring, an insurance agent enters into an irrevocable agreement with the insurance company to receive renewal commissions in level installments over a period of years, only the amount of ...

Generally, a bona fide, arm’s length sale of a right to receive renewal commissions can successfully transfer the federal income tax liability on an insurance agent’s renewal commissions to the ...

Mumbai: As high as 63 per cent of life insurance buyers in India believe that their agents prioritised personal commissions ...