The District Consumer Disputes Redressal Commission Mumbai Suburban Additional consisting of Mr. Ravindra P. Nagre (President) and Mr. S.V. Kalal (Member) allowed the complaint filed against Royal.
The NCDRC Bench consisting of Mr. Justice Sudipahluwalia (Presiding Member) and Dr. Inder Jit Singh (Member) dismissed the Revision Petition and upheld the order of District Consumer Disputes.
While upholding the orders passed by fora below, the national consumer disputes redressal commission (NCDRC) directed Royal Sundaram General Insurance Co Ltd (formerly known as Royal Sundaram Alliance Insurance Co Ltd) to pay the Rs10 lakh insurance claim along with Rs1 lakh as compensation and Rs5,000 as litigation cost to the wife of the deceased policyholder. It also asked the insurer to pay an interest of 9% on the delayed payment from the date of filing the complaint.
To provide health and life cover, insurers offer ‘unique’ facilities for medical tests
Surabhi
Mumbai |
Updated on
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Insurers are coming up with unique solutions for customers who wish to purchase high-ticket health and life insurance policies but are worried about getting medical tests amid the ongoing Covid-19 pandemic.
“People want to buy insurance policies with higher sum insured, given the uncertainties of the pandemic and high medical costs, but often the need for medical tests proves to be a dampener,” said an insurance executive who did not wish to be named.
Video underwriting
Telephonic and video underwriting and home visits are proving to be the top choice for insurers in this scenario.