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Insurance Misselling: Bajaj Allianz Life Asked To Refund Entire Premium of Rs8 15 Lakh with 9% Interest to Senior Citizen

Coming down heavily on Bajaj Allianz Life Insurance Co Ltd for unfair trade practices and selling 99-year insurance policies to a senior citizen, the additional district consumer disputes redressal commission for Mumbai suburban directed the insurer to refund the entire premium of Rs8.15 lakh with an interest of 9% from 1 April 2019 to the policyholder.

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Mumbai News: Consumer Commission Orders Insurance Company To Give Refund Of ₹8 5 Lakh To Senior Citizen

Mumbai News: Consumer Commission Orders Insurance Company To Give Refund Of ₹8 5 Lakh To Senior Citizen
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