Tag: claims settlement

Insurance company can’t take a defence that did not form the basis of repudiation of the claim: Supreme Court of India

Saturday November 5, 2022. BY | Insurance

Supreme Court Bench comprising Justices Dinesh Maheshwari and Aniruddha Bose in a recent judgment1 held that in a proceeding against the insurance company for rejection of the claim, it cannot take a defence which did

Non-disclosure of material facts: a good ground for insurance company to repudiate claims

Friday November 14, 2014. BY | Insurance

By Balram Patwa Introduction Insurance is nothing but a promise or assurance on the part of the insurer to pay an insured’s claim to the insured in return of receipt of the premium amount paid