The Life Insurance Association of Korea has honored 1,000 'Golden Fellows'—top life insurance planners with an average 24.5 years of service and a 98% policy retention rate—highlighting their key role in strengthening South Korea’s insurance sector.
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https://en.infomaxai.com/news/articleView.html?idxno=78932
Life Insurance Association Selects 1,000 'Golden Fellows' With 24.5 Years of Service, 98% Retention Rate

The Life Insurance Association of Korea has honored 1,000 'Golden Fellows'—top life insurance planners with an average 24.5 years of service and a 98% policy retention rate—highlighting their key role in strengthening South Korea’s insurance sector.

Yonhap Infomax
South Korea's Financial Services Commission will overhaul insurance sales commissions, extending payments up to seven years and applying the 1,200% rule to general agencies to boost policy retention and consumer protection.
#YonhapInfomax #FinancialServicesCommission #InsuranceCommissions #PolicyRetention #GeneralAgencies #1200PercentRule #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65716
Insurance Sales Commissions to Be Paid Over Up to 7 Years—1,200% Rule Extended to General Agencies

South Korea's Financial Services Commission will overhaul insurance sales commissions, extending payments up to seven years and applying the 1,200% rule to general agencies to boost policy retention and consumer protection.

Yonhap Infomax