Finance
DoggfatherLife Insurance Council Mulls Capping Distributor Commissions, G
Yo, check it out! The Life Insurance Council crew is thinkin' about puttin' a cap on those distributor commissions to ease up on them high acquisition costs, ya feel me? With the RBI givin' the side-eye to those expenses, it’s time to keep it smooth and keep the insurance game rollin'.
few days ago | Subrata Panda, Aathira Varier
Quick rundown
1.Life insurers face scrutiny over high acquisition costs.
2.IRDAI may introduce commission caps to ease costs.
3.RBI highlights high distribution costs in insurance.
4.Ajay Seth emphasizes need to moderate cost structures.
5.Private insurers see rising commission payouts since 2022.
