500 ₹

A person purchases an insurance policy to have a financialbackup against unforeseen losses through a contract with an insurance company.Insurance is the financial protection against any loss, whether it be the lossof life, health, or property. The insurance firm must pay the policy amount tothe insured or nominee upon maturity, and the person is expected to pay acharge in exchange for minimizing their loss. However, there are somesituations when the insurance provider may decline to pay the insurance sum orwhere there may be a disagreement between the insured and the insurer over thepremium paid; in order to address these types of complaints, one must file acomplaint against the insurance company.

Read also this -:  https://onlineconsumercomplaintforuminindia.blogspot.com/2023/05/consumer-complaint-against-insurance-company-.html

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