New FLASH SALE Dhamaka - Flat 60% Off on All Courses

    Question

    Which of the following is correct full form of IGMS with

    reference to insurance sector?
    A Integrated Grievance Management System Correct Answer Incorrect Answer
    B Internal Grievance Management System Correct Answer Incorrect Answer
    C Important Grievance Management System Correct Answer Incorrect Answer
    D Integral Grievance Management System Correct Answer Incorrect Answer
    E Insurance Grievance Management System Correct Answer Incorrect Answer

    Solution

    IRDAI launched the Integrated Grievance Management System (IGMS) in the year 2010. ·         IGMS is a grievance redressal monitoring tool for IRDAI. ·         It also facilitates a central repository of industry-wide insurance grievance data; ·         Policyholders who have grievances register their complaints with the Grievance Redress Channel of the Insurance Company first. 

    Practice Next