VEHICLE INSURANCE
The possible dates are reported, while the motor-insurance commission proposal remains under consultation.
WHAT IS PROPOSED
The draft proposes nil commission for distribution entities on new-vehicle third-party cover.
OWN-DAMAGE COVER
The proposal sets a 5% distribution-entity limit for new-vehicle own-damage cover.
NEXT DEADLINE
IRDAI is inviting feedback before draft and final regulations can follow.
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Existing insurance rules still apply while the proposal remains under review.
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Sources, numbers and what to watch next.
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