For long, agents have helped take insurance products to the people for fat commissions, of course. The joy ride may come to end soon
Insurance agents have had it good. So far. The Pension Fund Regulatory and Development Authority’s (PFRDA) decision to scrap commission of the agents within two years is causing a lot of unease in the agent community.
(This story appears in the 23 October, 2009 issue of Forbes India. To visit our Archives, click here.)