Sinlung /
06 June 2012

YMA To Crack Down On 'Defaulting' Insurance Cos

Aizawl, Jun 6 : Central committee of the Young Mizo Association (central YMA) today decided to take steps to close down insurance companies operating in Mizoram, which refused to open regional offices here.

The state's most influential organisation had repeatedly requested the nationalised insurance companies to set up regional offices here in order to solve the problems of insurance claimants caused by the companies.

Only the United India Insurance Company has set up a regional office, in a positive response to the central YMA's request, a source from the central YMA said.

Three companies, New India Assurance Company Limited, Oriental Insurance Company Ltd, and National Insurance Company Ltd have allegedly ignored the central YMA's request.

Accident insurance claimants had to call in surveyors from Silchar in Assam, about 180 kilometres from Aizawl, causing a lot of time and money. Expressing solid support to the central YMA's resolution, Zoram Drivers' Union, Mizoram Road Transport Union, Zoram Taxi Drivers' Association, Zoram Taxi Owners' Association, Mizoram Maxi Cab Owners' Association and Mizoram Truck Owners' Association entrusted the central YMA to deal with the insurance companies.

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