Report flags advice gap in life insurance as hurried sales conversations, low product literacy and incentive-driven selling ...
Mumbai: As high as 63 per cent of life insurance buyers in India believe that their agents prioritised personal commissions ...
A new Upstox study shows most Indian life insurance buyers get under an hour of guidance, with agents prioritising commissions over client needs, causing dissatisfaction and confusion.
Regulators and industry experts point to the existing commission structure as a key reason behind insurance mis-selling. Under the current system, insurance agents earn a large share of their ...