[ad_1] Life Insurance Corporation of India (LIC) is likely to have reduced the first-year commission on its policies to 20% from 25% and bonus to 8% from 10%, according to sources. This means that the total first-year commission is likely to have decreased from 35% to 28%. This reduction is part of a broader strategy following […]
Life insurance companies to meet today on surrender value rules: What to expect – CNBC TV18
[ad_1] The life insurance industry is set to meet on Friday, September 27, to discuss the implementation of new surrender value rules, according to a CNBC Awaaz report. Officials from life insurance companies will meet the Life Insurance Council to finalise plans for implementing these rules, which will take effect from October 1. In June, […]