Fanciful claim rejection: LIC pays Rs 4L
The LIC has been directed by a consumer forum to pay Rs four lakh to the widow of a life insurance policy holder for rejecting her claim on husband's death…
National Insurance to pay Rs 2.75L for wrongly rejecting mediclaim
The National Insurance Company Ltd has been directed by a consumer forum here to pay Rs 2.75 lakh to a policy holder for rejecting his claim seeking reimbursement of expenses…
Insurance policy effective as soon as payment made: consumer court to Tata AIG General Insurance
The insurance policy comes into effect as soon as the first premium/instalment is paid, Thane District Consumer Forum has ruled, allowing the claim of a person whose vehicle met with…
Insurance companies cannot reduce death compensation for earning family members: HC
An insurance company cannot argue that dependents are earning members, when it comes to pay death compensation for an insured person, observed the Gujarat high court.
Future Generali India Insurance directed to pay for damage to car by water logging
With the advent of monsoons, water logging on roads is an inevitable concern among drivers. The UT Consumer Forum’s recent direction, however, to an insurance company to pay for loss…
Insurer told to pay Rs 52 lakh for rejecting medical insurance claim
In a significant order, Maharashtra Consumer Redressal Commission has directed the New India Assurance Company to pay Rs 52.07 lakh for repudiating her foreign medical claim and deficiency in service.
Road mishap victim awarded over Rs 25 Lakh compensation
Family members of a 28-year-old youth, mowed down by a rashly driven truck which also injured his father and brother in the road mishap, have been awarded a compensation of…
Bajaj Allianz General Insurance asked to pay Rs 13.74 Lakhs to policy holder’s husband
Bajaj Allianz General Insurance Co Ltd has been asked by a consumer forum here to reimburse the legal heirs of a woman, holding a medical insurance policy, Rs 13.24 lakh,…
Insurance company fails to properly assess loss, told to pay up
National Insurance Company Limited, Sector 17-D, Chandigarh, has been directed to pay Rs 1,24,951, following a consumer complaint over the amount accessed by the company as insurance claim in lieu…
Health Insurance: For insurance, pre-existing disease will be deemed only if doctor certifies
For a medical insurance claim settlement, a disease cannot be said to be pre-existing unless it has been certified so by a doctor on the basis of tests prior to…