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Now, insurance ombudsman offices can adjudicate complaints up to Rs 50 lakh

However, industry-watchers believe even the enhanced limit is inadequate as many buy term insurance and critical illness covers of over Rs 50 lakh.

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​ However, industry-watchers believe even the enhanced limit is inadequate as many buy term insurance and critical illness covers of over Rs 50 lakh. However, industry-watchers believe even the enhanced limit is inadequate as many buy term insurance and critical illness covers of over Rs 50 lakh.  Moneycontrol Latest News Read More  

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