Page 5 - Insurance Claims

Compensation for unfair rejection

The insurer claimed that Jawadkar's wife had committed suicide. However, it could not produce any proof of the same

Can't reject claims based on new issues

An insured who is aggrieved by the repudiation of this claim can challenge the repudiation by filing a consumer complaint

Insurance claim can't be denied due to delay in filing it: Supreme Court

If the reason for the delay in making a claim is satisfactorily explained, such a claim cannot be rejected: SC

Consumer Protection: Insurer liable to pay interest for delay

However, invariably there are inordinate delays in settlement

What happens when insurance proposal form conceals material facts?

Non-disclosure of other policies cannot be a ground for repudiation of an insured person's claim

Don't touch accident vehicle until inspection

A consumer must not act in haste and must wait for the vehicle to be first inspected by the surveyor

Kidney claims highest among youngsters

From 2011 to 2015, the highest number of claims was from the 19-25 years age group