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IBAI Sounds Alarm Over Irdai's Commission Cap Changes

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IBAI Sounds Alarm Over Irdai's Commission Cap Changes

The Insurance Brokers Association of India (IBAI) is ringing the alarm bells! They say Irdai's proposed commission caps could lead to job losses and make it tougher for insurance folks to help customers, especially in smaller towns. While they get the push for transparency, they worry these changes might backfire and hurt the very people they want to protect. What a rollercoaster in the insurance world!