There are at present.....Insurance Ombudsman in different locations and any person who has a grievance against an insurer.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

There are at present____Insurance Ombudsman in different locations and any person who has a grievance against an insurer.

A	30
B	23
C	21
D	17

Explanation:

Detailed explanation-1: -9) Is there any maximum limit for the amount under dispute that can be entertained by the Insurance Ombudsman? Our Response : The Insurance Ombudsman can entertain complaints where the compensation awarded does not exceed rupees Thirty Lakhs (including relevant expenses, if any).

Detailed explanation-2: -There are 17 Ombudsman Centres, covering the country, situated in Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Kochi, Kolkata, Lucknow, Mumbai, Noida, Pune and Patna.

Detailed explanation-3: -The Banking Ombudsman may award compensation not exceeding ₹ 1 lakh (₹ One Hundred Thousand) to the complainant for mental agony and harassment.

Detailed explanation-4: -An Ombudsman is an officer appointed by the Government of India. At the moment, there are 17 Insurance Ombudsman working in different parts of the world.

There is 1 question to complete.