RBI drafts strict rules to stop banks from mis-selling financial products; learn how these changes protect your money and ...
Financial year-end targets fuel aggressive sales tactics in insurance. Customers are being sold policies they do not need, ...
Nagpur’s Canara Bank faces scrutiny after a 90-year-old, Venkatachalam V Iyer, was allegedly mis-sold a life insurance policy ...
The draft guidelines introduces a clear definition of ‘mis-selling,’ covering cases such as selling products that are unsuitable for a customer’s profile, providing misleading or incomplete ...
As India’s insurance ecosystem continues to scale, the responsibility of protection must be shared, insurers must simplify, platforms must guide transparently, and consumers must engage with curiosity ...
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India's insurance mis-selling problem may finally get a commission fix
Regulators and industry experts point to the existing commission structure as a key reason behind insurance mis-selling. Under the current system, insurance agents earn a large share of their ...
Shares of insurers sank as much as 25% after web-based insurer Tuio said its AI app would give personal home insurance quotes ...
While policy is still expected to boost the market in 2026, analysts predict unlucky sectors will face a hostile White House.
On a recent episode of The Dave Ramsey Show, caller Crystal revealed she had paid into a whole life insurance policy for 10 ...
When a storm destroyed the roof of Karen Powers’ Yukon home, her love for State Farm was not enough to prevent the insurance giant from denying the claim.
Understand costs, how 20-year term life insurance works and who it can help the most ...
The Reserve Bank of India is prioritizing customer protection in its latest monetary policy. New rules will target mis-selling of financial products and harsh loan recovery practices. A compensation ...
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