SCDRC (State Consumer Disputes Redressal Commission) Delivers Blow to Insurance Firm in Key Ruling

The State Consumer Disputes Redressal Commission (SCDRC) has supported an order against an insurance firm, affirming consumer rights in claim settlement disputes. In recent Indian cases, SCDRCs have time and again rejected insurance companies' appeals and ordered compensation to the policyholders, highlighting the significance of timely and equitable claim settlement.

 

Key Highlights:

The directions act as a warning to the insurers to follow strictly consumer protection standards and consolidate the responsibility of insurance firms in settling claims.

 

Source: Free Press Journal, New Indian Express, TaxGuru