Consumer Commission Slaps Rs-50,000 Fine On Insurance Company For Deficiency In Services | Companies News

New Delhi: A consumer commission here has directed New India Assurance Company Limited to pay Rs 50,000 compensation to a customer, saying despite having a valid insurance policy, he had to suffer because of the insurer’s “irrational decision” of only partly paying the medical claim. Noting that the company had failed to reimburse the complainant’s […]