Question

What is the procedure for policyholders with grievances?

a.

They should contact the agent directly

b.

They can address the issue through social media

c.

First, refer the grievance to the Insurer's Grievance Cell; if not resolved, approach the Regulator through the Integrated Grievance Management System.

d.

Ignore the grievance as it's not an insurer's concern

Answer: (c).First, refer the grievance to the Insurer's Grievance Cell; if not resolved, approach the Regulator through the Integrated Grievance Management System. Explanation:The procedure for policyholders with grievances, which involves first referring the grievance to the Insurer's Grievance Cell, and if it's not resolved, approaching the Regulator through the Integrated Grievance Management System.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What is the procedure for policyholders with grievances?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. What does IRDAI's Integrated Grievance Management System (IGMS) primarily serve as?

Q. If a policyholder is dissatisfied with the response from their insurer regarding a grievance, what can they do?

Q. What is the first step in the complaint registration process through IGMS?

Q. How does IGMS benefit IRDAI and the insurance industry?

Q. Where can policyholders register their complaints through IGMS?

Q. What was the primary purpose of the Consumer Protection Act of 1986?

Q. In the context of the Consumer Protection Act, what is included in the definition of "Service"?

Q. Who is considered a "Consumer" under the Consumer Protection Act?

Q. What is the meaning of "Defect" according to the Consumer Protection Act?

Q. Which of the following situations qualifies as a "Complaint" under the Consumer Protection Act?

Q. What is a "Consumer dispute"?

Q. Which of the following is within the jurisdiction of the District Consumer Disputes Redressal Commission?

Q. Which commission has original jurisdiction over complaints where the value of goods or services and compensation claimed exceeds Rs. 10 crores?

Q. What is the highest appellate authority for consumer disputes under the Consumer Protection Act?

Q. Which of the following statements about the procedure for filing a complaint is true?

Q. What is the primary role of Consumer Commission Orders?

Q. What are some of the main categories of consumer disputes related to the insurance business?

Q. Which of the following does NOT fall under the jurisdiction of the State Consumer Disputes Redressal Commission?

Q. What is the primary purpose of the Integrated Grievance Management System (IGMS)?

Q. In consumer disputes, what might lead to a feeling of "being cheated" or a "hurt ego," ?

Recommended Subjects

Are you eager to expand your knowledge beyond IC38 Life Insurance Agent Exam? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!