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Uploaded 1 day ago

Duration: 0h 3m 18s

Irdai proposes internal ombudsman to address claims up to Rs 50 lakh

Name: Irdai proposes internal ombudsman to address claims up to Rs 50 lakh
Uploaded: Thu, 24 Jul 2025 12:42:24 +0530
Channel: Rediff Video Desk
Description: The Insurance Regulatory & Development Authority of India (Irdai) on Wednesday proposed setting up an internal insurance ombudsman for insurance companies -- except reinsurers-- with over three years of operation, to address unresolved complaints.The ombudsman will have power to hear complaints for claims up to Rs 50 lakhs.

The Insurance Regulatory & Development Authority of India (Irdai) on Wednesday proposed setting up an internal insurance ombudsman for insurance companies -- except reinsurers-- with over three years of operation, to address unresolved complaints. The ombudsman will have power to hear complaints for claims up to Rs 50 lakhs.

Uploaded by: Rediff Video Desk on Thu, 24 Jul 2025 12:42:24 +0530

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