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Home›business›IRDAI’s Distribution Reforms: Commission on general insurance products to be slashed from 30% to 20%, 12.5% for life over 5 yrs
business

IRDAI’s Distribution Reforms: Commission on general insurance products to be slashed from 30% to 20%, 12.5% for life over 5 yrs

By Info60 India Desk•Summary of reporting by Asia Insurance Post•Sep 23, 2026•0 views•
IRDAI’s Distribution Reforms: Commission on general insurance products to be slashed from 30% to 20%, 12.5% for life over 5 yrs
Greater transparency would be required from insurers and large distribution entities, which would have to disclose commission policies and structures in a simple and accessible manner. Specified commercial insurance policies would also carry commission disclosures, giving customers greater visibility into distribution costs embedded in premiums, said the IRDAI. The proposals would also prohibit volume- or
Greater transparency would be required from insurers and large distribution entities, which would have to disclose commission policies and structures in a simple and accessible manner. Specified commercial insurance policies would also carry commissi... [8029 chars]
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