Consumer can’t be made to suffer for insurer’s own admn lapse: Chandigarh Consumer Commission | Chandigarh News
Chandigarh: In a ruling for insurance policyholders, the Chandigarh district consumer disputes redressal commission has held that a consumer cannot be penalized for an insurer’s own administrative lapse, directing an insurance company to pay the surrender value of a policy along with interest and compensation to the policyholder.The commission’s observation came while deciding a complaint…
