Government insurance programs are essential for addressing a wide range of social and economic problems that impact Indian society. Therefore, knowledge of these government insurance programs in India is vital for anyone aspiring to a career in banking and finance.
SBI General Insurance offers a wide range of motor insurance products, including car and two-wheeler insurance. Agents play a crucial role in marketing and selling these insurance products. Understanding the commission structure is essential for both new and experienced insurance agents looking to maximize their earnings. This article provides a detailed breakdown of the SBI … Read more
As pet ownership continues to rise globally, the demand for pet insurance has grown rapidly, making it an attractive niche for insurance agents in 2025. With veterinary costs increasing and more pet parents seeking peace of mind, pet insurance has evolved into a booming sector within the broader insurance market. For agents, understanding the commission … Read more
In 2019, Customer Service Point (CSP) agents, also known as Business Correspondents (BCs), played a pivotal role in extending banking services to India’s unbanked and underbanked populations. These agents facilitated various banking transactions, including account openings, cash deposits and withdrawals, money transfers, bill payments, and Aadhaar seeding. To compensate CSP agents for their services, banks … Read more
As the global travel industry rebounds and expands in 2025, the role of travel insurance agents has become more critical than ever. With increased demand for international travel, especially post-pandemic, travelers are seeking comprehensive insurance coverage for medical emergencies, trip cancellations, and other unforeseen events. This surge has made travel insurance a lucrative field for … Read more
The New India Assurance Company Ltd., a leading public sector general insurance company in India, compensates its agents through commissions regulated by the Insurance Regulatory and Development Authority of India (IRDAI). These commissions are calculated as a percentage of the premium collected for various insurance products. See below the New India Assurance Agent Commission chart. … Read more
LIC’s Jeevan Tarun Plan No. 834 is a popular children’s money-back plan that combines savings and protection features, designed to meet educational and other needs of growing children. As a participating, non-linked life insurance plan, it offers both survival and maturity benefits along with life coverage. For LIC agents, understanding the commission structure for this … Read more
The Insurance Regulatory and Development Authority of India (IRDAI) sets the maximum commission rates that insurance agents and intermediaries can earn across various general insurance products. These rates are designed to ensure transparency and fairness in the insurance sector. Below is a detailed breakdown of the current commission structure as per IRDAI guidelines:. So, see … Read more
Adarsh Credit Cooperative Society (ACCS) was a multi-state credit cooperative society based in Ahmedabad, India, which operated until its liquidation. The society had a vast network of advisors or agents who facilitated various financial services to its members. So, in this article Adarsh Credit Cooperative Society agent commission chart. Adarsh Credit Cooperative Society Agent Commission Chart … Read more
Finance recovery agents play a crucial role in the debt recovery process for banks, non-banking financial companies (NBFCs), and other financial institutions. These agents are responsible for recovering overdue payments from borrowers and are typically compensated through a commission-based structure. This article provides a detailed overview of the finance recovery agent commission chart, including common … Read more
The commission structure for airline ticket sales by corporate travel agents is multifaceted, influenced by factors such as the type of flight, class of service, and specific agreements with airlines. So, see below airline ticket basic fare commission chart corporate agent… Airline Ticket Commission Chart for Corporate Travel Agents Flight Type Typical Commission Range Notes … Read more