Life Insurer Mis-selling Complaints Rise 14.3% in FY25, Irdai Flags Concerns
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Life Insurer Mis-selling Complaints Rise 14.3% in FY25, Irdai Flags Concerns

Complaints of mis-selling against life insurers increased by 14.3% in FY25, reaching 26,667, according to Irdai's annual report. Despite this rise, overall grievances against life insurers saw a marginal decrease. The Insurance Regulatory and Development Authority of India has expressed concern and urged insurers to conduct root cause analyses and implement measures like assessing product suitability to address the issue.

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