From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Insurance commission: NBFCs seek 5-year transition period to reduce selling fee
RSS excerpt
The industry body of NBFCs has told the Insurance Regulatory and Development Authority of India (IRDAI) that the proposed commission caps of 2% for credit life and 5% for credit health insurance would make credit-linked insurance distribution unviable, given distribution costs are about 32% of the…
