BusinessIRDAI's Proposed Distribution Norms Concern LIC Agents and Brokers
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed reforms to distribution, commissions, and expenses norms, causing concern among LIC agents and insurance brokers. The Life Insurance Agents’ Federation of India (LIAFI) urged IRDAI to consider the impact on jobs and livelihoods, warning that reduced earnings could discourage new agents and harm the existing workforce. They emphasized that reforms should focus on increasing insurance coverage and improving policyholder outcomes.
Hindu Business·3h ago·Hyderabad


