Tag Archives: commission to insurance agents

IRDA issue draft for payment of commission to insurance agents

By | January 14, 2016

Consequent upon promulgation of Insurance Laws (Amendment) Act, 2015, Sec 40 states that no person shall pay or contract to pay any remuneration or reward, whether by commission or other-wise for soliciting or procuring insurance business in India to any person except an insurance agent or an intermediary or insurance intermediary in such manner as… Read More »