This is the consumer issue raised on X, tagging @JagoGrahakJago . Sharing in this post for more amplification.
Shared by X user: @BeshakIN :
Issue Raised: @ManuGPT @jagograhakjago @InsuranceSamad1 @FinMinIndia @MoCA_GoI Hi, thanks for writing back. Unfortunately, there’s no fixed cap on how much an insurer can increase premiums (except the specific rule for senior citizens). A 70% jump within the same policy year feels unreasonable, and you’re right to question it. However, it’s difficult to
Link to the X post: https://twitter.com/BeshakIN/status/1999005375845249442
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