Direct Insurance Purchases Raise Affordability Implications For Agency Model
Mark O'Dell, CEO, Life Insurance Association of Malaysia
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Direct online insurance purchases which strip away expensive agency commissions not only make insurance coverage a lot cheaper but can also help in fulfilling Bank Negara Malaysia's coverage ambition of 75% of the population. We check out how the life insurance industry deals with this.
Presented by: Julian Ng
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Categories: Personal Finance, Investments, Financial Literacy, Business Analysis, Social Issues
Tags: life insurance, insurance coverage, Bank Negara, term insurance, online business model, investment-linked insurance,