IndiGlobal Bureau
Guwahati:
“Insurance cover for the unorganised sector should be viewed as a business opportunity and insurance companies should deepen their insurance cover to people working in malls, domestic workers, those working in lorries and buses and small establishments,” said B Kalyan Chakravarthy, IAS, Principal Secretary, Labour Welfare Dept, Govt of Assam. He was speaking at the Bima Lokpal Day here on Friday at a meet organised by the Office of the Insurance Ombudsman, Guwahati Centre.
He further stated that insurance penetration in India is low as compared to the west and added that banks and financial institutions charge just one or two percent interest for those who wish to set up businesses as opposed to high interest rates in India.
Kalyan Chakravarty lauded the Office of the Insurance Ombudsman, Guwahati Centre for disposing all the 582 complaints during 2021-22 period. In the same period in the 17 offices across India, there were 45,370 complaints and 40,527 were disposed.
Bima Lokpal Day is celebrated every year on November 11 to mark the foundation day of the establishment of the institution of Insurance Ombudsman.
For online registration of complaints, people can visit www.coins.co.in.