Insurance Cos ignoring HC orders: Anantnag traders


ANANTNAG: Despite the High Court directive asking the insurance companies to settle the claims of the flood hit insured traders without any delay, the latter claim that companies are not paying heed to the court orders.
Scores of flood hit traders from Anantnag and other townships who spoke to Kashmir Reader complained that the insurance companies are not abiding by the directions of HC which they say has added to their worries.
“The insurance companies are deliberately causing delay in settling the claims of the traders here despite the fact that we fulfilled all the formalities needed for the same. Irony of things is that they are telling us that the HC directions cannot be applied on you as the flood level in the town was not as that of Srinagar,” said former general secretary of the traders association, Riyaz Ahmad.
He said that the insurance companies have pushed the flood-hit traders list in a state of chaos and confusion.
“Anantnag town remained submerged in flood waters for four days during which traders suffered over 1000 crore loss. But the insurance companies without giving any damn to the directives of the court are dictating terms to us,” Ahmad told Kashmir Reader.
He also said that none of the insurance companies have so far organised any awareness camp for the insured traders as has been directed to them by the court.
Another trader, Manzoor Ahmad said that the insurance companies act like dictators to the flood ravaged traders. “We fail to understand their intentions. What they actually want to do is not clear to us. I have fulfilled all the formalities for settlement of my claim but even then they are causing unnecessary delay in clearing my case. Not only me other flood traders are being traumatised also. It seems that they have no regard for HC directive,” Manzoor said.
The traders have also threatened to come on the roads if their claims are not settled immediately.
“Enough is enough. We cannot afford to face more torture on part of insurance companies. If their approach remains callous like this despite the HC orders we will be left with no option but to hit the roads,” a group of flood hit traders told Kashmir Reader.