Consumer Problems in Insurance Sector

While the issue highlighted by Mr Ramakrishna,is correct, remedy does not lie in banning celebrity advertising. It is a question of adopting unethical and immoral practices by such Companies. The problem had been acute in insurance sector. Hopefully, Govt. shall build safeguards when FDI is being liberalized, more so because such practices were rampantly followed by those Companies which had foreign participation. more  

PROTECTION OF CONSUMER INTEREST:-In our country,safe guard of consumer interest is not properly protected as follows. 1.Same & alike material are availalble in the market in different costs,suppose if you go on purchase of an electronic goods of same brand different shop owner will provide different rates as there is no such fixed guidelines,resulting confusion in the mind of customer. 2.Uniformity of costs of a single item is not maintaining & consumer are cheated. 3.In food item,the manufacturer are using non-permissible colour,ingrediants which affect health directly but no check,no quality management & no constant vigilance from govt.end. 4.In medicines also rates varied from shop to shop as commission varies from 2 to 5% depending upon the MRP.Thus,creates another confusion regarding the efficacy of the drug.Unfortunately no such parameter to judge accountability. 5.In real estate machinary maximum consumers are cheated due to lack of proper knowledge of national building code. Thus,comprehensive measure may be adopt to check such irregularities. more  
i agree with Mr Shah. As said future companies may change thier attitude when FDIs are started. G.KNaidu, Hyderabad more  
If banks have deliberately maligned a person as a defaulter, then the bank should be taken to court and made to pay compensation for it. more  
CIBIL REPORT बैंक को किसी लोन लेने वाला डिफल्टर ग्राहक का नाम सीबील मे तब डलना चाहिए जब उसका ग्राहक दोष सावीत हो जाय। इस तरह कई बैंक लोगों को बरबाद करचुके हैं इसका जिमवार कौन होगा । सिबल ब्योरो को बैंक से ग्राहक के जानकारी के साथ न्यालय का आदेस का जानकारी मिलने पर ही उस ग्राहक डिफल्टर तालिका में नाम डलना चाहीए। more  
All Ads are totally fake. Ads like that of tooth paste and tooth brushes are shown by dentists. As a professionals are not allowed to work in ads, and how can fake doctors promote any product? So such ads should be totally banned. more  
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