The National Consumer Dispute Redressal Commission has upheld the decision of District Consumer Redressal Forum and directed a life insurance company to pay compensation to a Mohali resident. Vishnu Bhagwan Mittal, a resident of Mohali won the case in the forum and Bharti Axa was directed to pay him Rs 4 lakh, and Rs 25,000 as compensation and Rs 5,000 as cost of litigation.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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