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Entertainment News

The Economic Times

Entertainment / The Economic Times

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IRDAI proposes clawback of commissions in case of mis-selling

Under the proposed framework, distributors could be rewarded for the quality of sales and servicing, while commissions could be clawed back in cases of mis-selling. The regulator has also proposed greater accountability for individual sales staff by tagging their identity to policies sold and putting information on mis-selling incidents in the public domain.

24 Sep 2026 8:43 pm