Life insurance firms consider 30% cap on commissions for credit life policies

Life insurance companies are nearing consensus to impose a 30 percent commission cap on corporate agencies for credit life policies, in a bid to self-regulate amid GST evasion concerns.

Life insurance firms consider 30% cap on commissions for credit life policies
Life insurance companies are nearing consensus to impose a 30 percent commission cap on corporate agencies for credit life policies, in a bid to self-regulate amid GST evasion concerns.