Section 6(e) in Insurance Regulatory and Development Authority of India (Payment of commission or remuneration or reward to insurance agents and insurance intermediaries) Regulations, 2016
(e)Reward - General Insurance including health insurance(i)Reward in the general insurance to be calculated separately for health insurance and other than health insurance for insurance agents and insurance intermediaries respectively and not linked to each and every policy solicited by an insurance agent or an insurance intermediary.(ii)Reward being not more than 30% of commission or remuneration paid to insurance agents and insurance intermediaries
