IndiaInsurance
20th May 2010, 09:26 AM
The draft recommendations of the Govardhan Committee, released on Tuesday, mention that referral fee should be paid only on successful conversion and such fees and other costs incurred as a result should not exceed the ceilings on commissions as provided under Section 40A of the Insurance Act.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/Govardhan-Committee-favours-referral-fee-only-for-client-conversion/articleshow/5951604.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/Govardhan-Committee-favours-referral-fee-only-for-client-conversion/articleshow/5951604.cms)