Lithuania complaints handling
Definition of a complaint
A statement of dissatisfaction addressed to an insurance undertaking by a person relating to the insurance contract or service he/she has been provided with. Complaints handling should be differentiated from claims handling as well as from simple requests for execution of the contract, information or clarification.
Definition of a complainant
A person who is presumed to be eligible to have a complaint considered by an insurance undertaking and has already lodged a complaint e.g. a policyholder, insured person, beneficiary and in some jurisdictions, injured third party.
A prompt acknowledgement of the complaint, in writing, within 5 (five) business days of the complaint being made.
A final response to be provided within 15 (fifteen) business days of receipt of the complaint. In exceptional cases, a final decision will be provided to you within 35 (thirty-five) business days of the complaint being received.
External Dispute Resolution
Bank of Lithuania
Žirmūnų g. 151
Tel: +370 5 268 0029
Fax: +370 5 268 0038