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A consumer commission in Patna has directed LIC to pay over Rs 8.5 lakh to the mother of a policyholder who was allegedly kidnapped and murdered in 2006, holding that it was absurd to insist on a civil court s declaration that the insured had died in order to
Life insurer denied Rs 1 crore death claim over earlier policy postponement on medical grounds; here's why family wins in state commission - The Economic Times Tata AIA Life Insurance,insurance policy claims,disclosure of medical history,Telangana State Consum
The Fatehabad District Consumer Commission of Haryana has directed Cigna TTK Health Insurance Company to pay Rs 50 lakh to the widow of a man whose critical illness claim was allegedly rejected, and observed that the Insurer caused the widow huge monetary loss
General Insurance Corporation of India has announced a notable profit increase of 9.7 percent, attributed to enhanced performance in claims management and underwriting. The company reported an 8.8 percent year-on-year rise in gross premium income
The Himachal State Consumer Commission has directed SBI Life to pay a widow Rs 49.98 lakh after rejecting her husband s Rs 50 lakh death claim over an unpaid Rs 2,016.54 premium. The commission directed the insurer to pay 9 per cent annual interest from April
India is considering sweeping health insurance reforms to standardise treatment rates, coverage and billing, while expanding a nationwide claims exchange, sources said. A regulatory panel is expected to submit recommendations by year-end as authorities seek to
Death often pops its head up like a nosy meerkat in my mind. Then it turns into a peacock, spreading its plumage so gloriously that every other thought is subdued
A Hyderabad consumer commission has held officials of Aditya Birla Health Insurance guilty of deficiency of service after finding that they allegedly wrongly rejected a senior citizen s claim and cancelled the policy over alleged non-disclosure of hypertension
The Jammu and Kashmir Consumer Disputes Redressal Commission has held insurance company ICICI Lombard General Insurance Co. Ltd
The State Jammu and Kashmir Consumer Disputes Redressal Commission has held private insurance firm ICICI Lombard liable for deficiency in service for allegedly not settling a Baramulla resident's claim after his house was damaged in the 2017 flash floods that
Gujarat's Deputy Chief Minister announced expedited flood relief measures for Surat city. Financial assistance for household items has reached over twenty percent of affected families
A consumer dispute over a badly damaged BMW 5 Series has ended up at the Punjab State Consumer Disputes Redressal Commission, after the insurer rejected the claim and the insured customer approached the consumer courts for relief.The case concerns Gurlal Singh
A consumer court in Maharashtra has directed an insurance company to pay a man in Nagpur Rs 7 lakh with interest, over a decade after an LPG cylinder leak killed his wife. It also directed Bharat Petroleum Corporation Limited (BPCL) to pay Rs 60,000 to his fam
A consumer who waited nearly 11 years to get his accident-damaged Maruti Suzuki Ertiga repaired has won Rs 98,000 in compensation after the Madhya Pradesh State Consumer Commission dismissed an authorised dealer's appeal, holding that the dealership failed to
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A consumer commission in Visakhapatnam has directed HDFC Life Insurance to pay Rs 50.30 lakh to the husband of a woman who died of a heart attack just five days after the commencement of her policy. A bench of president Dr Gudla Tanuja and member Varri Krishna
A consumer commission in Jalandhar has directed an insurance company to reimburse Rs 72,212 spent by a Punjab woman on treatment for leukoplakia of the tongue and pay Rs 10,000 in compensation and litigation costs, holding that the insurer could not deny the c
A Mumbai woman has won a 12-year legal battle against the Life Insurance Corporation of India (LIC) after the National Consumer Disputes Redressal Commission (NCDRC) ruled that the insurer wrongly...