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.
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
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
ICICI Lombard General Insurance Company offers a structured commission framework for its agents and intermediaries, aligning with the Insurance Regulatory and Development Authority of India (IRDAI) guidelines. This framework varies based on the type of insurance product and the mode of distribution. See below ICICI Lombard agent commission chart… About ICICI Lombard: ICICI Lombard General … Read more
When you decide to invest in a mutual fund, you often encounter an intermediary known as a mutual fund agent, distributor, or advisor. This individual or firm helps you navigate through various fund options, advises you on the best funds for your financial goals, and facilitates the investment process. In return for these services, the … Read more
HDFC ERGO General Insurance is one of India’s leading insurance companies, providing a variety of insurance products like health, motor, travel, and home insurance. Agents play a crucial role in the company’s distribution strategy, and they are compensated based on a commission structure that varies across different products and business types. In this article, we … Read more
Becoming a LIC agent is a career in the insurance sector that provides flexibility, job satisfaction, and the opportunity to earn big commissions. Agents have the opportunity to provide customers with financial security while earning a living because of the confidence and reputation of the Life Insurance Corporation (LIC). So, see below the LIC commission … Read more
An online tool for figuring out the premium for a Star health insurance policy is the Star health insurance premium calculator. After comparing the premiums of several plans, it enables clients to identify the best health insurance plan for their requirements. So, see below the star health insurance agent commission chart 2025. How is Star … Read more
A CSC Agent, also known as a Village Level Entrepreneur (VLE), is an individual authorized to provide digital services to citizens through Common Service Centers (CSC) under the Digital India initiative. CSC Agents offer government-to-citizen (G2C), business-to-citizen (B2C), and financial services in rural and semi-urban areas. So, see below the CSC commission chart 2025. Factors Affecting … Read more
Whole Life Assurance (WLA), Convertible Whole Life Assurance (CWA), Endowment Assurance (EA), Anticipated Endowment Assurance (AEA), Children Policy, and Joint Life Assurance or Yugal Suraksha (YS) are among the policies that Postal Life Insurance provides to central government and semi-government employees. All of the aforementioned policies provide bonuses. So, see below the PLI agent commission … Read more
Becoming a Post Office Agent in India involves a structured process of meeting eligibility criteria, submitting an application, undergoing selection and training, and starting your role with comprehensive knowledge of postal products. While challenges like meeting sales targets and handling customer rejections are common, success can be achieved through strong customer relationships, effective communication, and … Read more