E-PaperInsurance Commission News
Should insurers pay hereditary commission?
Insurers 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 2018Firms now decide hereditary commissions in life insurance
Agents or their nominees will no longer automatically be entitled to commissions for the insurance policies they sold, once they leave the insurer. The company will decide whether to pay or not
5 min read25 Jun 2018‘Most of the life insurance industry wanted status quo on surrender value’
HDFC Standard Life CEO Amitabh Chaudhry on the insurance industry in India, regulations and the direction his company is headed towards
8 min read26 Dec 2017Insurance hits and misses: IPOs and Commissions
IPOs, new commission rules for sellers and consumer protection regulations are the three big events that defined the insurance sector in 2017
5 min read26 Dec 2017Popular Topics
Budget
The 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