The Federal Insurance Ombudsman (FIO) has advised those intending to subscribe to an insurance policy to carefully examine the documents, instead of putting blind trust in insurance agents. According to the report, the office helped the policyholders get an accumulative relief of Rs2.6 billion relief. Basit Khan said that in the interest of those who intend to buy an insurance policy should never believe in tall claims made by sales agents without any documentary evidence. Moreover, keep your family and next of kin apprised of your insurance policy. It said the adjudication by FIO provided nearly two billion rupees monetary relief to the aggrieved complainants and policyholders.

Source: The Nation May 06, 2022 21:02 UTC