Sunday, 4 October 2026Updated 11m ago
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IBAI warns Irdai distribution overhaul may put 1 mn livelihoods at risk

1 source · first seen 17:12 4 Oct · updated 17:12 4 Oct

The brief

Written from 1 report · check the source before you trade
  • IBAI warns proposed commission caps and lower expense limits could put 1 mn livelihoods at risk
  • The brokers’ body says the changes could hurt competition and revive unethical practices
  • Distribution-rule changes could affect Indian insurance brokers and insurers’ sales channels

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3 stories this week
  1. 30 SeptCoverfox founder, brokers raise concerns over IRDAI insurance distribution overhaulPolicy · 3 sources · Coverfox founder Sanjib Jha questioned IRDAI’s proposed commission cuts, including a 2% cap for loan-linked protection
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1 report · earliest 17:12
Business StandardIBAI warns Irdai distribution overhaul may put 1 mn livelihoods at risk17:12