Vidyalelo
Commerce · Q670

Insurance

Graduate and Post Graduate · Commerce · question 670

Q670

Which is incorrect statement?

A.
Complainant has to approach a consumer forum before moving the Ombudsman
B.
The complaint has to be lodged with in two year of the insurer rejecting the compliant
C.
There is no separate financial limit of various forum and commissions
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
All the statements are incorrect.
Complainant does not have to approach a consumer forum before moving the Ombudsman, The complaint has to be lodged immediately of the insurer rejecting the compliant and There is a separate financial limit of various forum and commissions.