Understanding Life Insurance Claims: Deepika Kumar Highlights Escalation Pathways in Business Standard

In a recent article by Business Standard titled “Cover for natural death begins after the initial waiting period ends”, Deepika Kumar sheds light on the steps policyholders can take if their life insurance claims are denied or delayed.

Deepika emphasizes,

“If the response is unsatisfactory, escalate the issue via IRDAI’s Integrated Grievance Management System (#IGMS). You may also approach the insurance ombudsman or a consumer court,” providing a clear course of action for individuals facing challenges in claim settlements.

This is a timely reminder of the importance of being informed about one’s rights and the redressal mechanisms available under IRDAI regulations.

 Read the full article: https://www.business-standard.com/finance/personal-finance/cover-for-natural-death-begins-after-the-initial-waiting-period-ends-125050900971_1.html