life insurance Archives

National Consumer Disputes Redressal Commission

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCDRC upholds repudiation of claim by Aviva Life Insurance due to violation of ubberima fidei principle by the insured

The wife of the Deceased Life Assured had filed claims as the nominee of her husband’s life insurance policies. However, the claim was rejected as the DLA failed to disclose material facts while availing the policies, thereby violating the principle of ubberima fidei (utmost good faith)

Case Briefs High Courts

LIC not liable for false information on insurance application filled by agent: Kerala High Court

Kerala High Court concluded that false information or suppressed material facts while availing an insurance policy is decisive of the validity of such policy.

Legal RoundUp Supreme Court Roundups

Supreme Court April 2022 Roundup: Anganwadi Workers’ right to gratuity; Regulation of Foreign donations; Lakhimpur Kheri violence case; and more

Most Read story of the Month Producing false/fake certificate is a grave misconduct; Dismissal of service justified in such cases “The question

Case Briefs Supreme Court

‘Can’t allow mass absorption of over 11,000 workers based on a flawed Report’. SC forms new Committee to put an end to the long drawn LIC versus temporary employees battle

Supreme court: In a long ongoing battle between Life Insurance Corporation of India (LIC) and its temporary/badli/part-time employees over claim for absorption,

Case Briefs High Courts

Raj HC | Money cannot substitute a life lost but an effort has to be made for grant of just compensation having uniformity in approach; Court observes in a MV accident case demanding higher compensation

Rajasthan High Court: Birendra Kumar J. allowed the appeal and enhanced the award considering the settled guidelines in the subsequent judgments to