MIAMI – A pair of insurance agents based out of Miami are facing felony charges after state investigators said they stole clients’ identities, took out fraudulent life insurance policies without their ...
The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease ...
Most consumers don’t realise how insurance agents are compensated, which can help explain why certain products are often ...
Government and regulators have focussed on upfront life insurance commissions purely as a dollar amount and have not considered how they work within the advice sector while not acting on churn in ...
High commissions in the insurance sector have recently drawn the attention of the government and regulators, Emkay Global said citing growing concern that distribution and operational costs are ...
Level term cover is one of the most popular options. It simply means that the sum insured remains the same, or it is ‘level’, ...
Major life insurer ClearView has committed to defending commissions-based remuneration for life/risk advisers, including campaigning in support of their retention. ClearView chief executive, Simon ...