Advertising Standards Council of India (ASCI) has upheld a complaint against Bajaj Allianz General Insurance false advertising. One Moneylife reader forwarded e-mailer ad from Bajaj Allianz on car and health insurance with a heading “Ways Your Current Insurance Company Is Ripping You Off”. He was curious to know if the insurer has data to back its claim – e.g. fastest claims servicing, legal advice, accommodation benefits, 30% savings on medicines, eye care, dental care and so on. Making tall claims is a ground for an ASCI complaint. Moreover, other insurers will be watching and also seek a fast track hearing.
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