Mistakes can lead to claim rejections
The finance ministry’s proposal that insurers won’t be able to question, and as a result, reject claims on the grounds of mis-statement or non-disclosure of facts after three years is…
The finance ministry’s proposal that insurers won’t be able to question, and as a result, reject claims on the grounds of mis-statement or non-disclosure of facts after three years is…
City-based consumer forum has awarded a man complete claim for his hospital bill for the hernia surgery that he underwent.
Mis-selling of insurance policies and delay in claim settlements top the list of 2,341 complaints lodged by aggrieved customers with the  Chandigarh Insurance Ombudsman. "We have received maximum complaints against…
An Insurance policy undertakes to indemnify the loss to the insured property by an insured peril. In other words, a loss sustained by an insured may not be an admissible…
Life Insurance Corporation of India (LIC) has settled 21.86 lakh claims amounting to Rs 4,389.79 crore in the financial year 2011-12. This was announced by zonal manager of East Central…
For a medical insurance claim settlement, a disease cannot be said to be pre-existing unless it has been certified so by a doctor on the basis of tests prior to…
Insured cannot file an appeal for claim rejected by Insurer after the stipulated time period. In the instant case the complainant filed the appeal after 2 years. Appeal rejected by…
Having put in service of more than 4 decades in the insurance industry, I had been seeing that among the insurance agents some procuring business were illiterate, some did not…
The Consumer Disputes Redressal Forum, Ahmedabad (Rural), has partly allowed a complaint filed jointly by Consumer Education and Research Society (CERS), Ahmedabad, and Mrs. Reshma Trivedi, holding United India Insurance…
If a person suffers permanent disability in an accident caused by a vehicle, then the compensation due to him should be computed taking into account not only his present earnings…