Non compliance of award of Insurance Ombudsmen or Order of MACT or Consumer Fora: IRDA issues instructions- regarding
Ref: IRDA/CAD/CIR/MISC/194/11/2105 Date: 03-11-2015 IRDAI has been receiving complaints from policyholders against the insurers regarding non-compliance of Orders/Awards passed by Judicial/Quasi-judicial bodies such as (a)Orders of Consumer Forums (b) Orders of the Motor Accident Claims Tribunals(MACT) and (c) Awards of the Insurance Ombudsmen . 2. Considering the fact that the complainant is already aggrieved, further delay in compliance… Read More »