Insurance Agency in India

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What to check before choosing an Insurance Agency in India

  • Verify registration: SEBI for stock brokers and investment advisers, AMFI (ARN) for mutual fund distributors, IRDAI for insurance agents, ICAI membership for chartered accountants.
  • Ask exactly how they are paid — fees, commission or both — before you commit.
  • Never share OTPs, net-banking passwords or blank signed cheques.
  • Be wary of guaranteed-return promises; genuine advisers explain the risks.
  • Get fees and scope of work in writing and keep copies of every document you sign.