Q. What is the primary role of an Insurance Ombudsman?
Answer: To resolve complaints and disputes between policyholders and insurers
Notes: The Insurance Ombudsman is responsible for resolving complaints and disputes between policyholders and insurers in a cost-effective and time-bound manner.
Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.
📌 Question Number: 3 in Insurance Repository, Ombudsman, Grievance Management System in the above course in App.