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HomeNewsBusinessPersonal FinanceWill mis-selling of insurance stop after consumer affairs ministry’s proposal? Unlikely, say experts

Will mis-selling of insurance stop after consumer affairs ministry’s proposal? Unlikely, say experts

IRDAI’s higher surrender value proposal and rejigging of the current front-loaded commission structure could be more effective when it comes to reducing mis-selling and boosting renewal rates, say industry watchers.

January 08, 2024 / 15:14 IST
Consumer affairs ministry has proposed recording sales pitches to check mis-selling of insurance policies
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