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VERIFIEDET Stocks·neutral
IRDAI’s commission crackdown: Why insurers may cope but distributors face a tougher test
AI Summary
- ·IRDAI has proposed changes to streamline insurance product distribution and limit commissions.
- ·These changes could potentially lead to lower insurance premiums for consumers.
- ·Distributors who depend heavily on commissions may face challenges adapting to the new regulations.