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MOTOR INSURANCE

IRDAI proposal meets broker pushback

The distribution overhaul is still under consultation and is not a live buyer rule.

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WHAT IS PROPOSED

Distribution rules could be reset

IRDAI’s draft covers commissions, expenses, disclosures and digital insurance channels.

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BROKER RESPONSE

IBAI seeks a softer landing

Brokers warn lower caps could weaken servicing and access in smaller towns.

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BUYER IMPACT

No immediate rule change

The paper is not final; current policies remain governed by their existing terms.

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See what buyers should compare

Follow the consultation timeline before treating any proposal as a live rule.

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Sources, numbers and what to watch next.

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Read: IRDAI motor insurance proposal draws broker pushback; buyers wait