Apex Consumer Forum Warns ICICI Prudential Life over Unethical Trade Practices; Imposes Rs5 Lakh Cost
On 14 June 2019, the National Consumer Disputes Resolution Commission (NCDRC) gave a stunning order which issued a stern warning to ICICI Prudential Life Insurance (ICICI Pru) and slapped a cost of Rs5 lakh on it for rejecting a legitimate claim based on a ‘suspicious medical certificate’ stating that the claimant had a pre-existing diabetes which was not disclosed. 
 
The case is an eye-opener...
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