CSCs can sell all insurance products as per new regulation of IRDAI
CSCs can now sell all insurance products, as per new regulation by IRDAI.
Insurance Regulatory and Development Authority of India (IRDAI) has released New Regulation for CSC.
New Regulations:
Every CSC VLE to sell insurance Products.
Commission would be same as other Agents & Brokers are getting.
Sum Insured limit of Rs.2 Lac removed.
All insurance products will be available on Digital Seva Portal for all VLEs & RAPs without any capping on Sum Insured.
Source : CSC e-Governance Services India Ltd