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.

India's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling and reduce high distribution costs. This…

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.