Thursday, July 15, 2010

IRDA TO ENSURE FEE WON'T BE A CRITERION IN POLICY SALE

The Insurance Regulatory Development Authority (IRDA) may have had its way in the SEBI-IRDA
tiff, but it now wants to make sure that not a single policy is thrust upon individuals when they do not
require it. Agents and brokers will soon have to make sure they are selling the right insurance policy to clients.

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