BIG NEWS!!!
IRDAI wants to change how insurance is sold.
A new proposal could change how much insurers pay in commissions, how banks and car dealers sell insurance, and how insurance companies show prices and claims data.
It also targets practices like bundling insurance with loans, misleading customers about returns, and pushing policies through incentives.
But there’s an important catch: these are proposals, not final rules yet. Your existing policies remain unchanged.
I’ve broken down the biggest proposed changes and what they could mean for you.
Comment “INSURANCE” and I’ll DM you the document
#insurance #personalfinance #finance #money