Identify the incorrect statements.

A. Consumer Disputes involving private insurance companies can be heard by Consumer Forum or commission

B. Life Insurance does not come under Consumer Protection Act 1986

C. Complaints can be lodged against private insurers as also public sector companies/corporation like LIC

D. Complaints can be lodged only life insurance companies as also non-life insurance companies

Answer: Option B

Solution(By Examveda Team)

Life Insurance comes under Consumer Protection Act 1986.