Supreme Court Settles Insurance Contract Formation in Accidental Death Claim: Bhumikaben N. Modi vs. LIC (2024) LEGAL ISSUE: Whether an insurance contract is concluded upon the issuance of a first premium receipt, even if the formal policy document is not delivered before the death of the insured. CASE TYPE: Consumer Law, Insurance Law Case Name: […]
Supreme Court Clarifies Commencement Date of Life Insurance Policies in Suicide Cases Date of the Judgment: 03 January 2024 Citation: 2024 INSC 10 Judges: Justice Vikram Nath, Justice Rajesh Bindal Can the date a life insurance policy becomes effective be different from the date the policy was issued? The Supreme Court of India recently addressed
Supreme Court Orders Insurance Company to Reimburse Medical Expenses Despite Initial Non-Disclosure LEGAL ISSUE: Whether an insurance company can deny a claim and refuse renewal of a health insurance policy based on non-disclosure of a pre-existing condition, when the insured’s death was caused by an unrelated illness. CASE TYPE: Consumer Case Name: Om Prakash Ahuja
Supreme Court Upholds Insurance Claim: No Fraud in Hydrology Data Non-Disclosure Date of the Judgment: 15 November 2021 Citation: (2021) INSC 720 Judges: R. Subhash Reddy, J. and Hrishikesh Roy, J. Can an insurance company deny a claim by alleging fraud and non-disclosure of data when the insured party has provided all available information? The
Supreme Court Clarifies Compensation Under Section 163A of Motor Vehicles Act: Ramkhiladi vs. United India Insurance (2020) Date of the Judgment: 7 January 2020 Citation: (2020) INSC 14 Judges: Ashok Bhushan, J., M. R. Shah, J. Can the legal heirs of a person who was driving a borrowed vehicle claim compensation under Section 163A of
Can an insurance company deny a claim if a vehicle was carrying more passengers than permitted? The Supreme Court of India addressed this question in a recent case. This case explores the limits of insurance policy terms and conditions. The court examined whether a minor violation of policy terms can invalidate an insurance claim. The
