Vidyalelo
Commerce · Q581

Insurance

Graduate and Post Graduate · Commerce · question 581

Q581

State the correct option

A.
In a policy document it is now compulsory to indicate the address of the local Ombudsman
Answer
B.
Address of the insured is optional in the policy document
C.
The address of the IRDA is also necessarily shown in the policy document
D.
Either the local ombudsman’s address or that of the IRDA needs to be shown in the policy

Answer: Option A

Solution

Answer: Option A
Solution:
In a policy document it is now compulsory to indicate the address of the local Ombudsman. An ombudsman ombudsperson, ombud, or public advocate is an official who is charged with representing the interests of the public by investigating and addressing complaints of maladministration or a violation of rights.