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Source: Live Mint Insurance grievances can be frustrating, especially when your claim is rejected, delayed, or unresolved. To help individual policyholders resolve such issues efficiently and cost-effectively, the Government of India introduced the insurance Ombudsman scheme. This impartial mechanism addresses complaints without the need to go to court. Currently, there are 17 insurance Ombudsman offices…
Source: Live Mint Delhi resident Gyan Chand and his wife Mahadevi bought a flat worth ₹50 lakh in Noida in 2017. It was an under-construction flat for which he took a loan of ₹24 lakh. He also bought a group personal accident policy to secure the loan. Unfortunately, he died in October 2021 after a…
Source: Live Mint “My two claims got rejected in a span of one year. The ombudsman issued an award in my favour in the first one, but when they discovered that a company had helped me out in the first claim, they did not hear my case and passed the award against me in the…
