News Life and Health10 Oct 2024

India:Biggest insurer reportedly reduces sales commissions on higher surrender-value rules

| 10 Oct 2024

India's biggest insurer, the state-controlled Life Insurance Corporation of India (LIC), is likely to have reduced the first-year commission rate on its policies to 20% from 25% and bonus rate to 8% from 10%, reported CNBC-TV18 citing sources.

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