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 ...
The Financial Planning Association (FPA) has released a consultation paper around life insurance calling for upfront commissions to be capped at four times the level of ongoing payments with insurers ...
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 ...
Government and regulators have focussed on upfront life insurance commissions purely as a dollar amount and have not considered how they work within the advice sector while not acting on churn in ...
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 ...
High commissions in the insurance sector have recently drawn the attention of the government and regulators, Emkay Global said citing growing concern that distribution and operational costs are ...
Life insurance payouts are increasing significantly in India. However, this rise is not due to policies maturing as expected.