While upholding an order passed by the Telangana state consumer disputes redressal commission, the national consumer disputes redressal commission (NCDRC) directed HDFC Life Insurance Co Ltd to pay the Rs50 lakh insurance claim with an interest of 6%pa (per annum) to the family of the deceased policyholder.
The Aditya Birla Sun Life Insurance Company Ltd, a bidder for the Reliance Nippon Life Insurance Company (RNLIC), has threatened to take action and file a complaint against the Reliance Capital Administrator if it fails to provide the critical .