India's insurance regulator IRDAI plans to revamp commission structures, proposing payouts over a policy's lifespan instead of upfront payments to address mis-selling concerns.
The proposed reform is aimed at curbing mis-selling in the insurance sector
Jul 03, 2026
04:01 pm
What's the storyThe Insurance Regulatory and Development Authority of India (IRDAI) is mulling a major overhaul in the way distributors are compensated.
The proposed reform, aimed at curbing mis-selling in the insurance sector, suggests paying commissions over the life of a policy instead of large upfront payments.
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