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IRDA asks insurers to pass benefits on to consumers

Concerned over the excess incentives insurers are paying motor dealers — leading to expensive motor policies — insurance regulator Irda has asked general insurers to bring down such incentives and instead pass on the benefits

Concerned over the excess incentives insurers are paying motor dealers — leading to expensive motor policies — insurance regulator Irda has asked general insurers to bring down such incentives and instead pass on the benefits to customers in the form of low premium on policies. Go here for more.

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