Insurance Act, 1938

Life Insurance Claims: Supreme Court clarifies “material suppression” in insurance policies: Maha Veer Sharma vs. Exide Life Insurance Company Limited (2025) INSC 268 (25 February 2025)

/ B.V. Nagarathna, Insurance Law, Judges, Life Insurance, Material Suppression, Satish Chandra Sharma

Date of the Judgment: February 25, 2025 Citation: 2025 INSC 268 Judges: B.V. Nagarathna, J., Satish Chandra Sharma, J. Can an insurance company deny a claim if the policyholder didn’t disclose all their existing insurance policies? The Supreme Court of India recently addressed this question in a case involving Exide Life Insurance Company Limited. The […]

Life Insurance Claims: Supreme Court clarifies “material suppression” in insurance policies: Maha Veer Sharma vs. Exide Life Insurance Company Limited (2025) INSC 268 (25 February 2025) Read Post »

Supreme Court Upholds Insurance Claim: Failure to Prove Material Suppression Leads to Victory for Complainant (10 April 2024)

/ Burden of Proof, Evidence Act, 1872, Evidence Act, 1872 with Section 101, Insurance Act, 1938, Insurance Act, 1938 with Section 45, Principle of Uberrimae Fidei

Supreme Court Upholds Insurance Claim: Failure to Prove Material Suppression Leads to Victory for Complainant LEGAL ISSUE: Whether an insurance company can repudiate a claim based on the insured’s alleged suppression of information about existing insurance policies with other insurers. CASE TYPE: Consumer Law Case Name: Mahakali Sujatha vs. The Branch Manager, Future General I

Supreme Court Upholds Insurance Claim: Failure to Prove Material Suppression Leads to Victory for Complainant (10 April 2024) Read Post »

Supreme Court Upholds Insurance Claim Repudiation for Non-Disclosure of Pre-existing Condition: Bajaj Allianz Life Insurance vs. Dalbir Kaur (2020)

/ Consumer Law, Dhananjaya Y Chandrachud, Duty of Disclosure, Indira Banerjee, Indu Malhotra, Insurance Act, 1938, Insurance Act, 1938 with Section 45, Insurance Law, Judges, Material Facts, Repudiation of Insurance Claim

Supreme Court Upholds Insurance Claim Repudiation for Non-Disclosure of Pre-existing Condition LEGAL ISSUE: Whether non-disclosure of a pre-existing medical condition by the insured justifies the repudiation of an insurance claim. CASE TYPE: Consumer Law Case Name: Branch Manager, Bajaj Allianz Life Insurance Company Ltd and Others vs. Dalbir Kaur [Judgment Date]: 9 October 2020 Introduction

Supreme Court Upholds Insurance Claim Repudiation for Non-Disclosure of Pre-existing Condition: Bajaj Allianz Life Insurance vs. Dalbir Kaur (2020) Read Post »

Supreme Court Clarifies ‘Flood and Inundation’ in Insurance Policy: Oriental Insurance vs. J.K. Cement (28 January 2020)

/ Consumer Law, Consumer Protection Act, Flood and Inundation Clause, Insurance Act, 1938, Insurance Act, 1938 with Section 64-UM, Insurance Law, Judges, Mohan M. Shantanagoudar, National Consumer Disputes Redressal Commission (NCDRC), R. Subhash Reddy, Standard Fire and Special Perils Insurance Policy

Supreme Court Clarifies ‘Flood and Inundation’ in Insurance Policy: Oriental Insurance vs. J.K. Cement (2020) LEGAL ISSUE: Interpretation of ‘flood’ and ‘inundation’ in insurance policies. CASE TYPE: Consumer Law Case Name: Oriental Insurance Company Limited vs. M/s. J.K. Cement Works Judgment Date: 28 January 2020 Date of the Judgment: 28 January 2020 Citation: [Not Provided

Supreme Court Clarifies ‘Flood and Inundation’ in Insurance Policy: Oriental Insurance vs. J.K. Cement (28 January 2020) Read Post »

Supreme Court Upholds Initial Surveyor’s Report in Insurance Claim Dispute: New India Assurance Co. Ltd. vs. Luxra Enterprises Pvt. Ltd. (2019) INSC 403 (1 May 2019)

/ Claim Settlement, Consumer Protection Act, 1985, Consumer Protection Act, 1985 with Section 23, Dhananjaya Y. Chandrachud, Hemant Gupta, Insurance Act, 1938, Insurance Act, 1938 with Section 64 UM, Judges

Supreme Court Upholds Initial Surveyor’s Report in Insurance Claim Dispute Date of the Judgment: 1 May 2019 Citation: (2019) INSC 403 Judges: Dr. Dhananjaya Y. Chandrachud, J. and Hemant Gupta, J. Can an insurance company repeatedly appoint surveyors until it receives a favorable report? The Supreme Court of India addressed this question in a dispute

Supreme Court Upholds Initial Surveyor’s Report in Insurance Claim Dispute: New India Assurance Co. Ltd. vs. Luxra Enterprises Pvt. Ltd. (2019) INSC 403 (1 May 2019) Read Post »

Supreme Court holds Finance Company Liable for Delay in Insurance Policy Issuance: Ashatai vs. Shriram City Union Finance Ltd. (2019)

/ Consumer Complaint, Consumer Law, Deficiency of Service, Indu Malhotra, Insurance Act, 1938, Insurance Act, 1938 with Section 64VB, Judges, Uday Umesh Lalit

Supreme Court Holds Finance Company Liable for Delay in Insurance Policy Issuance: Ashatai vs. Shriram City Union Finance Ltd. (2019) LEGAL ISSUE: Whether a finance company is liable for deficiency of service for delaying the issuance of an insurance policy linked to a loan, resulting in non-payment of the loan amount upon the borrower’s death.

Supreme Court holds Finance Company Liable for Delay in Insurance Policy Issuance: Ashatai vs. Shriram City Union Finance Ltd. (2019) Read Post »

Supreme Court clarifies calculation of surrender value of life insurance policies: Anandrao Ramchandra Salunke vs. Life Insurance Corporation of India (2019)

/ Consumer Law, Consumer Rights, Dhananjaya Y Chandrachud, Hemant Gupta, Insurance Act, 1938, Insurance Act, 1938 with Section 113, Insurance Disputes, Judges, Life Insurance

Supreme Court Clarifies Surrender Value Calculation in Life Insurance Policies LEGAL ISSUE: The core legal issue revolves around the correct method for calculating the surrender value of a life insurance policy, particularly concerning the treatment of bonuses when a policyholder discontinues premium payments before the policy’s maturity. CASE TYPE: Consumer Law Case Name: Anandrao Ramchandra

Supreme Court clarifies calculation of surrender value of life insurance policies: Anandrao Ramchandra Salunke vs. Life Insurance Corporation of India (2019) Read Post »

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