Insurance Policy -- Insurance claim - Ordinarily policy has to be on the same date from which date risk is covered...........
Insurance claim -- Jewellers Block Insurance - Robbery in the shop - Complainant preferring a claim of Rs.42,44,992/- against which claim was settled by the Respondent Insurance Company for Rs.31,61,200/- - Complaint filed on the ground that lost jewellery should have been valued at market price by the Surveyor and not by any other method - Contention of the Complainant..........
Insurance claim -- Loss of fish during cyclone - Repudiation of claim on the ground that some fish had already been disposed of before the cyclone as the terms of policy excludes settlement of claim arising out of partial sale or harvesting - First and senior surveyor assessed the loss at Rs. 2,85,600 - Rejection of claim on flimsy and unsubstantiated grounds on the basis..........
Insurance claim -- Salary scheme policy - Repudiation - On the ground that the policy had lapsed automatically because of non-payment of premiums of December 1988 and January and February 1989 - The said ground held not tenable because the premiums from March onwards were received by the LIC and appropriated by them - No evidence on record to suggest that any information..........
Consumer Protection Act, 1986, Section 2(1),(g) -- Mediclaim policy - Exclusion clause - Insurance claim - Repudiation - Hospitalisation & Domiciliary hospitalisation Benefit Policy obtained covering the risk for the year 1992 - The policy was taken further for the year 93-94, 94-95 and 95-96 - In the year 1995 claim for Rs. 12,800/- for treatment of disease paid - Claim..........
Insurance policy -- Payment of premium - Grace period - Delay in issuing the policy beyond the period when half yearly premium had fallen due prior to issue of the policy - Held that the LIC cannot take advantage of its own delay and the grace period would be available to the insured after the receipt of the policy...........
Insurance claim -- Claim under accidental benefits - Exclusion clause - Policy holder died alongwith his son by drowning - Claim of Rs.1,00,000/- alongwith bonus admissible in favour of the complainant settled but the benefit of the accident which is allegedly covered under the policy not given by relying on exclusion clause - Held that the exclusion clause under clause..........
Insurance claim -- Repudiation - Ground that the complainant had violated the terms and conditions of the policy - Question for consideration is whether vehicle was being driven by licenced driver or not - Complainant contending that if a driver hands over the vehicle to some other person to drive who had driving licence then it will not be the breach of condition of the..........
Consumer Protection Act, 1986, Section 2(1),(g), Motor Vehicles Act, 1988, Section 14(2),(Proviso) -- Insurance claim - Repudiation - On the ground of exclusion clause in the policy of insurance in question - Complainant's licence expired on 21.7.1992 - Accident occurred on 20.8.1992 - Licence renewed on 8.9.1992 - Held that in view of proviso to sub-Section (2) of Section..........
Policy deposit -- Refund - Deficiency in service - Refusal to refund the amount of first instalment paid on the ground that policy lapsed - The branch of company closed and it was opened after five years - Held that being out of picture for five years without any forwarding address and then blaming the complainant for not depositing the amount of instalment is major..........
