Flexibility in a life insurance policy is a great benefit for customers. It’s a big reason why the wide range of universal life products have been so popular. Drew Gurley However, flexibility in ...
MIAMI – A pair of insurance agents based out of Miami are facing felony charges after state investigators said they stole clients’ identities, took out fraudulent life insurance policies without their ...
The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease ...
The Quality of Advice Review has stated there are benefits of retaining commission for life insurance but admits it could result in lower-quality advice for consumers. There were currently a number of ...
Level term cover is one of the most popular options. It simply means that the sum insured remains the same, or it is ‘level’, ...
Life insurance companies paid ₹60,800 crore as commission in 2024–25, an 18% rise year-on-year. This growth far outpaced premium collections, which increased by 6.73% to ₹8.86 lakh crore. The ...
Emkay sees the possibility of draft commission regulations being released this month with some emphatic provisions toward curbing the predatory commission practices by dominant distributors.
Life/risk advisers should not be viewed in the same manner as those providing investment advice and can’t simply replace commission revenue with fee revenue in the same way investment advisers managed ...
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