Can Ombudsman's judgment be considered as final authority in insurance disputes?
Asked by Vikram, 19 May '09 10:51 pm
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For the Policy holder/nominee it is not binding he can approach other Court for redressal but it is final and binding on the Insurance Co. and they are bound to obey it as if it was a decree of a Court.Answered by deepanker, 24 May '09 11:33 am
If the policy holder is not satisfied with the award of the Ombudsman he can approach other venues like Consumer Forums and Courts of law for redressal of his grievancesAnswered by Lakshmi Rajesh, 20 May '09 04:21 pm
No, Ombudsman is an Adjudicator appointed by all Insurance Companies and they do not have any problem following his order, but he is not the final authority, you can move to court of law.Answered by Anniyan, 20 May '09 01:06 pm
Normally yesAnswered by iqbal seth, 20 May '09 08:59 am