LIC has established an elaborate Grievance Redressal Machinery for dealing with complaints of Insurance Policyholders. Send Email to grievance officers in LIC for early dispute resolution. Read more
Four public sector Insurance companies recently launched a Common Mechanism for Compromise Settlement of Motor Third Party Claims centre recently, with plans to open 50 such centres all over India this year to reduce pendency of Motor Accident cases and ensure speedier Â Read more
Supreme Court in the case of Biman Krishna Bose versus United India Insurance & Anr. has ruled that the insurer cannot arbitrarily refuse to grant of renewal of health insurance policy. Read more
What is IGMS ?
The Integrated Grievance Management System(IGMS) facilitates online registration of policyholdersâ€™ complaints and helps track their status.
Consumer Education and Research Centre (CERC), Ahmedabad, has urged the Insurance Regulatory and Development Authority (IRDA), Hyderabad, to appoint an Ombudsman at Ahmedabad urgently as the post has been vacant since September 2010. Read more