MANAGER LIFE INSURANCE CORPORATION OF INDIA Vs. SAROJ BALA
PUNJAB STATE CONSUMER DISPUTES REDRESSAL COMMISSION
Manager Life Insurance Corporation Of India
Click here to view full judgement.
(1.) THE version of the respondent was that
Jai Ram husband of the respondent had taken the life insurance policy
from the appellants for an amount of Rs.50,000 on 24.1.2001. It was to
materialise on 28.10.2018. The insurance policy lapsed because of non -
payment of the premium amount. It was got revived on 16.9.2002. The
insured died. The insurance claim lodged by the respondent being his
widow and nominee was repudiated by the appellants. Hence, the complaint.
(2.) THE appellants in the written reply admitted that Jai Ram had taken the life insurance policy from the appellants for an amount of
Rs.50,000 by filling the proposal form on 24.01.2001. However, he failed
to pay the premium for the 3 quarters. The insurance policy was got
revived by the life assured on 18.9.2002 and he died on 26.9.2002. It was
also admitted that the insurance claim lodged by the respondent was
(3.) IT was further pleaded that the life assured was admitted in Civil Hospital, Gurdaspur on 15.9.2002 and he was under Coma at that
time. He remained admitted in Guru Teg Bahadur Hospital, Amritsar from
16.9.2002 to 26.9.2002 when he died. Since the life assured had concealed the material facts about his health while filling the revival form on
16.9.2002, therefore he has suppressed the material facts with fraudulent intention. Therefore, the repudiation was legal and valid.
The respondent filed her affidavit Ex.C1.She also proved documents Ex.C2 to Ex.C 13. On the other hand, the appellants filed the
affidavit of Virsa Singh, Administrative Officer (Claims) as Ex.R1. The
appellants also proved documents Ex.R2 to Ex.R8.;
Copyright © Regent Computronics Pvt.Ltd.