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Nearly 50% cancer patients are uninsured, study
No commission can be paid to intermediaries on insurers’ direct biz:IRDAI
“It has come to the notice of the Authority that insurers are paying remuneration to insurance intermediaries for new and renewal insurance business received by them directly. We advise the insurers not to book new/renew the business directly received from customer/insured in the name of the insurance intermediaries and shall refrain from remunerating them for such direct new/renewal business,’’ said , Sujay Banarji, member, Distribution, IRDAI .
IRDAI expresses concern over insurers paying illegal commissions to dealers to grab motor biz
“Whenever it is coming to our notice, we are taking action. We have also done some focused inspection of some of the service providers, we are watching the market very carefully for some violations,” he said. adding that some insurers are incentivising car dealers in violation of motor insurance service providers(MISP) guidelines.
Interim Budget 2019: Modi may counter Rahul with universal basic income
An estimated support of Rs 6,540 crore-Rs 7,620 crore is on the anvil if the government goes ahead with UBI. The UPA had rolled out UBI as a pilot project across 8 villages in Madhya Pradesh as far back as 2011-12. The big question remains how many districts will form a part of this new pilot project once it is announced in the budget
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