Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Siddhi   24 August 2023

Is Insurance police holder a consumer?

What is the legal status of Insurance policy holder?
Is he/she a consumer and can claim interest due to deliberate refusal to pay claim amount?
TIA


Learning

 4 Replies

Real Soul.... (LEGAL)     24 August 2023

Yes certainly 

Advocate Bhartesh goyal (advocate)     24 August 2023

Yes, insurance policy holder is a consumer and can't  claim interest but can claim compensation towards mental and physical agony caused to him due to deficiency in services of Insurance company. 

T. Kalaiselvan, Advocate (Advocate)     24 August 2023

Insurance policy holder is certainly a consumer who can sue the insurance company for the deficiency in service, unfair trade practice and other remedies through consumer distress rederessal commission. 

Laxmi Kant Joshi (Advocate )     24 August 2023

Yes insurance policy holder is a consumer and claim interest by filing his complaint before consumer court .


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register