At Alert Insurance Brokers Pvt. Ltd. we strongly believe that customer is the king. Since we represent the Policy holder we will do everything possible which is within our control & legal as per our code of conduct prescribed by IRDAI to protect the interest of the policy holder.
You can send a mail to firstname.lastname@example.org our Managing Director & Principal officer before exploring the below mentioned options which you are entitled as a policy holder.
Disputes do arises under the insurance policies either due to repudiation of claims or payment of claim amount not as per the claim bill filed. To resolve these issues, many options are available to the policyholders as under:
- Complaint may be filed with the Insurer
- Integrated Grievance management System (IGMS)
- File a Complaint with Ombudsman
- File a legal case under Consumer protection Act 1986
1 . Complaint may be filed with the Insurer:
- Approach the Grievance Redressal Officer of its branch or any other office that you deal with.
- Give your complaint in writing along with the necessary support documents
- Take a written acknowledgement of your complaint with the date.
- The insurance company should deal with your complaint within 15 days.
- If that does not happen or if you are unhappy with their solution you can:
Approach the Grievance Redressal Cell of the Consumer Affairs Department of IRDA:
Call Toll Free Number 155255 (or) 1800 4254 732 or Send an e-mail to email@example.com
2. Integrated Grievance management System (IGMS)
Make use of the Integrated Grievance Management System
- Register and monitor your complaint at igms.irda.gov.in or compliant form (Click here) may also be to IRDAI at Hyderabad
TAT for resolving the complaints is 3 days to 6 months in life insurance and 3 days to 30 days in General Insurance.
3. File a Complaint with Ombudsman
Any individual (not any business entity) and claim amount not exceeding Rs 20 lakhs may file a complaint in the prescribed form an Insurance Ombudsman in the respective State of the Policyholder. For prescribed form (Click here). The decision of the Insurance Ombudsman is binding on the Insurer while the Policyholder has the option to file a complaint under Consumer Protection Act 1986. There is no fee to file a complaint application. The time limit of decision is 30 days from the date of filing the complaint. The legal Advisor is not permitted to present at the time of hearing.
4 . File a legal case under Consumer protection Act 1986:
Any Individual or Business Entity can file a complaint with the following consumer courts:
- District Forum for the claim amount up to Rs 20 lakhs
- State Commission for the claim amount more than Rs 20 lakhs but up to Rs 100 lakhs
Though there is not Stamp duty to file a complaint but nominal amount of Court fees is to be deposited while filing a complaint.
The appeal can be filed with the Higher Commission for the decision of the District forum and after National Commission the appeal lies with the Hon’able Supreme Court.