In India, if the policy is surrendered before five years, the agent has to refund the commission amount.
The limit of counter-agent incentives is a sword in the neck of the life insurer, scissors in the agent’s facility
What kind of activities are insurance agents doing that are not supposed to be done by the code of conduct?
Insurance Authority directs Nepal Insurance Authority to recommend cancellation of license of agent for misleading propaganda
Life insurers do not follow the provisions of insurance regulations for distributing agent incentives, NIA silent
Authority of Nepal (NRA) has issued a 7-point directive to curb mis-selling of life insurance policies.