Flexibility in a life insurance policy is a great benefit for customers. It’s a big reason why the wide range of universal life products have been so popular. Drew Gurley However, flexibility in ...
The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease ...
The Financial Planning Association (FPA) has released a consultation paper around life insurance calling for upfront commissions to be capped at four times the level of ongoing payments with insurers ...
MIAMI – A pair of insurance agents based out of Miami are facing felony charges after state investigators said they stole clients’ identities, took out fraudulent life insurance policies without their ...
The Financial Planning Association of Australia (FPA) has rejected proposals to ban commissions as it could leave consumers chronically underinsured and dependant on social security. There had been a ...
Life insurance companies paid ₹60,800 crore as commission in 2024–25, an 18% rise year-on-year. This growth far outpaced premium collections, which increased by 6.73% to ₹8.86 lakh crore. The ...
If advisors receive $2,500 or less in commissions and donate the proceeds to charity, they can join the fee-only organization. By Mark Schoeff Jr. An organization that promotes fee-only financial ...
India’s insurance sector is facing heightened regulatory scrutiny as commission payouts by insurers have surged sharply, significantly outpacing premium growth and raising concerns over sustainability ...