Q. What common reasons might lead to disputes between insurers and the insured regarding claims?

View solution

Q. What is the condition "Arbitration" commonly found in insurance policies?

View solution

Q. In non-life claims, what happens to damaged property referred to as "Salvage" after a claim is settled?

View solution

Q. What is the main purpose of arbitration in settling disputes arising from contracts?

View solution

Q. Who can conduct arbitration in dispute resolution?

View solution

Q. In insurance policies, which types of disputes are commonly subject to arbitration?

View solution

Q. What is the typical role of an Umpire in the arbitration process?

View solution

Q. Under what circumstances are disputes about liability typically settled in insurance claims?

View solution

Q. What is the purpose of mentioning the grievance redressal mechanism in insurance policies as per IRDAI regulations?

View solution

Q. In personal lines of business insurance, what can a dissatisfied insured do to resolve their issues?

View solution

Q. Is the decision of an Insurance Ombudsman binding on the insured?

View solution

Q. Where can one find the details of the Insurance Ombudsman's office?

View solution

Q. What is the primary role of the Insurance Ombudsman in resolving disputes?

View solution

Q. Which of the following activities would not be categorised under professional settlement of claims?

View solution