SAARJ Journal on Banking & Insurance Research
  • Year: 2020
  • Volume: 9
  • Issue: 6

The main directions of protection of insurance consumers in the current situation

Associate Professor, Department of “Insurance and Pension”, Faculty of Taxation and Insurance, Candidate of Economic Sciences, Tashkent Financial Institute, Uzbekistan

Online published on 18 January, 2021.

Abstract

The article scientifically substantiates the importance of protecting the interests of consumers of insurance products in the development of insurance activities.Considering that the protection of consumers of insurance services is mainly carried out by competent state bodies, work in this direction is carried out in the European Union and its member countries, Great Britain and Germany, as well as in the USA and Japan.In the study, the author critically analyzed the consumer protection system and developed theoretical and scientific recommendations and proposals for its improvement.

Keywords

Insurance, Insurance Activity, Insurance Product, Insurance Consumer, Insurance Contract, Insurance Company, Insurance Control, Insurance Tariff, Financial Ombudsman, Insurance Ombudsman