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Health Insurance Takes a Sick Leave: Multi-Year Policies in the Red as Commissions Shrink!

Unknown Apr 02, 2026 350 Views
Health Insurance Takes a Sick Leave: Multi-Year Policies in the Red as Commissions Shrink!
Sale of long-term health insurance policies has nose-dived following the introduction of new accounting norms by the Insurance Regulatory and Development Authority of India (IRDAI). The rules, which allow recognition of only the first year premium as revenue, have led to reduced commissions for a...

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