Which of the following will be the most appropriate option for an aggrieved customer to lodge an insurance policy related complaint?

A Police
B Supreme Court
C Insurance Ombudsman
D District Court

Correct Answer: Insurance Ombudsman

Insurance Ombudsman will be the most appropriate option for an aggrieved customer to lodge an insurance policy related complaint. The Insurance Ombudsman will not accept your complaint until you have first filed a complaint with IRDA.
Bissoy MCQ
#Commerce #Insurance

Related Questions

According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental
A 920
B 1,100
C 1,110
D 1,030
Rakesh recently bought a health insurance policy and a personal accident policy. What main section(s) of the insurance market do these products normally fall into?
A Life insurance in both cases
B Life insurance for health and non-life insurance for personal accident
C Non-life insurance in both cases
D Non-life insurance for health and life insurance for personal accident
What fee is payable by the aggrieved person to the District Consumer Forum while filing his complaint?
A Rs.250
B Rs.100
C 10% of the relief sought and given
D No fee is payable
Amrita is pregnant. She has applied for a term insurance cover. WHICH of the below option will be the best option to choose for an underwriter to offer insurance to Amrita? Choose the most likely option.
A Acceptance at ordinary
B Acceptance with extra premium
C Decline the proposal
D Acceptance with a restrictive clause
During the revival of a lapsed policy, which of the below aspect is considered most significant by the insurance company? Choose the most appropriate option.
A Evidence of insurability at revival
B Revival of the policy leading to increase in risk for the insurance company
C Payment of unpaid premiums with interest
D Insured submitting the revival application within a specified time frame
During a service recovery effort, the employee was very empathetic to the customer’s plight and agreed to replace the defective product. However, it took three months for the replacement product to show up which was much later than the customer had anticipated. As a result, the recovery effort violated the customer’s ___________ justice need.
A social
B procedural
C interactional
D distributive
একটি Complaint Case -এ প্রদত্ত খালাসের রায় প্রদানের কত দিনের মধ্যে Complaint আপীল করতে পারে?
A ১৫ দিন
B ২১ দিন
C ৩০ দিন
D ৬০ দিন
Which of the following types of life insurance policies pays the full sum assured to the beneficiaries if the insured dies during the policy term or to the policyholder on the maturity of the policy if he/she survives the term?
A Whole Life
B Endowment
C Money Back
D Unit Linked
How long is the free look-in period under a term insurance policy from the date of receipt of the policy document?
A 5 days
B 10 days
C 15 days
D 20 days
Once an absolute assignment is effected under a life insurance policy, who will be the titleholder(s) of this policy?
A The assignor in all cases
B The assignee in all cases
C Either the assignor or assignee depending on the type of policy involved
D The assignor and assignee jointly

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