LIFE INSURANCE GRIEVANCES REDRESSAL MACHANISM

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Buy LIFE INSURANCE GRIEVANCES REDRESSAL MACHANISM | Law Books , New Arrivals

ABOUT THE BOOK

The purpose of the present work is deals with the concern, ambiguities and difficulties faced by the consumer when it comes to insurance policies.

The book aims to explain the concept of the Consumer Protection Act, 1986 provides for various rules that protect the consumers from being cheated by the insurers, and vice versa. IRDA also lays down various regulations in the same respect. The insurance policy provides the ease of dealing with such problems. But insurance being a business, the various insurance companies introduce such policies and clause to the insurance contract that sometimes places a consumer rather in dilemma.

The work deals with the various issues and laws that exist to protect the consumer or policyholders in case of grievances or disputes between an insurer and an insured. It also concerns a comparative study of the same, and how through the years, the legislation has evolved in mitigating the plights of the consumers.

This piece of research work could be helpful not only specifically to "law people", but all those who want to know about how insurance business and various insurance policies are introduced the insurance market to keep the consumers attracted to such policies and how it affects their lives and challenges the validity of the existing laws.

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