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General insurance agents seek aid from PSU insurers

General insurance agents seek aid from PSU insurers Updated: Updated: May 21, 2021 22:27 IST Demand for compensation of at least ₹10 lakh each to families of agents who died of COVID Share Article AAA Demand for compensation of at least ₹10 lakh each to families of agents who died of COVID A general insurance agents’ body has appealed to the four public sector general insurers to declare a compensation of at least ₹10 lakh each to the families of agents who have died of COVID-19. It also wanted the four companies, namely National Insurance, New India Assurance, Oriental Insurance and United India Insurance, to extend interest free loans to agents hospitalised due to the virus. Seeking support from the companies for the agents, General Insurance Agents’ Federation Integrated (GIAFI) president Rapolu Sudhakar said payment of the compensation will immensely help families of the agents.

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