Why IRDA cannot all this in the beginning. Do they know only to take INR 100 crores as deposit from Insurance companies? From every broker INR 1 crore. The initial period charges are eaten away by the Companies also, not only agents. When you make 40% per year growth, do you part with the agent? You should be smart while investing. In other business people are transperant on margins of profit? Every businessman is a cheater in this World, be it any line, any trade. Indian politicians are worst, without any investment they loot the Country.