Coverfox founder and MD Sanjib Jha says IRDAI’s proposed 2% commission cap on loan-linked insurance could cause problems. He warns it may become too costly to serve rural and underserved borrowers.
This matters because it could affect how easily people in those areas can get insurance. The reporting does not say if the rule is final or when IRDAI will decide.
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Publisher's headline: “IRDAI’s proposed 2% commission cap could hurt rural insurance access, warns Coverfox founder and MD Sanjib Jha”
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