While hereditary commissions protect agent's interest, the money comes out of your corpus
6 min read17 Oct 2018Insurers are allowed, though not mandated by law, to pay renewal commissions to non-serving agents or to their nominees after death. Deepti Bhaskaran asked experts whether it makes sense to do so
3 min read26 Jun 2018Hereditary commission means commissions due to a deceased life insurance agent that's inherited by his nominees
1 min read25 Jun 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared