IRDAI Commission Caps Explained | Will Insurance Get Cheaper? | Who Gains, Who Loses?

Insurance distribution could be headed for a major change as IRDAI proposes new caps on commissions paid to banks, brokers and agents. The discussion paper could reshape how insurance products are sold, how distributors are compensated and potentially how much customers pay for policies. The proposals include lower commission limits across life and health insurance, changes to motor insurance payouts and greater flexibility for rural distribution. But what could the changes mean for insurers, banks, brokers and policyholders?

Join Sakshi Batra on Business Today as Nilesh Sathe, former Member of IRDAI and Lovaii Navlakhi, MD & CEO, International Money Matter decode the proposed reforms, potential impact on distribution models and what customers should watch next.