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  • News From Press Terms and conditions not provided: Insurer asked to pay up

    Terms and conditions not provided: Insurer asked to pay up

    Source: Economic Times Apr 25, 2017

    Agents of insurance companies, in order to achieve their target of insurance policies, act in haste and collect premiums. 

    The observation came from the apex consumer commission, which asked an insurance company to compensate an 83-year-old doctor with Rs 50,000 for not providing him with the terms of his insurance policy and refusing him full mediclaim after he underwent a brain haemorrhage treatment. 

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