NCDRC dismisses revision petition; upholds Rs 10 lakh life insurance claim payout
Life insurance claims were repudiated due to alleged suppression of health facts and alcoholism. The National Commission upheld the payment of Rs. 10,00,000 with interest and compensation, finding the insurer failed to prove suppression and did not follow IRDA guidelines. Concurrent findings of lower forums were affirmed.
Life insurance claims were repudiated due to alleged suppression of health facts and alcoholism. The National Commission upheld the payment of Rs. 10,00,000 with interest and compensation, finding the insurer failed to prove suppression and did not follow IRDA guidelines. Concurrent findings of lower forums were affirmed.
