Office bearers of Life Insurance Agents Federation of India (LIAFI) met a host of dignitaries including Mr Pranab Mukherjee, Union Finance Minister, Mr S Jaipal Reddy, Union Urban Development Minister, Mr Rajnath Singh, Leader of the Opposition, Mr Rahul Gandhi, Lok Sabha MP to protest the Swarup committee recommendation phasing out agents’ commission.

While the National Federation of Insurance Field Workers of India (NFIFWI) is willing to support the cause of financial literacy in the country, they are opposed to the withdrawal of agents’ commission. They have met Mr D Swarup, Chairman, and handed over a memorandum outlining the reasons for their protest.

Premium’s readers rushed in their responses to the recommendations which were sent to the committee’s email id. From the downright shocked to the more measured responses from across the country we carry them all including from bodies like the Life Insurance Agents Federation of India, LIC Round Table and Association of LIC Agents, Mumbai.