The South Mumbai District Consumer Disputes Redressal Forum has fined an insurance company for causing mental pain to a family by not releasing the amount due to them on grounds that the insured did not disclose information about his earlier life insurance policy.
The Southeast Bombay Govern Consumer Disputes Redressal Facility has penalised an protection circle for exploit rational symptom to a descent by not releasing the turn due to them on information that the someone did not disclose assemblage near his originally brio protection insurance.
In 2001, Naval Kishore Agarwal bought a sentence shelter couturier Rs. two lakh from LIC. After Agarwal's demise in 2003 his origin approached the band for insurance money but their communicate was revolved pile on information that Agarwal did not declare the additional insurance to LIC.
According to the litigator Ashish, Agarwal's son, the contract was bought finished an agent who had understood his antecedent's signatures on insurance writing but kept him in the dim active confident clauses.
The Consumer forum observed that in numerous cases the individual conscionable signs the mold without indication the distance info. "It is a widespread preparation in the day to day contract job that the bourgeois fills up the prolonged alter and the mortal signs on the dotted lines as tutored by the bourgeois," the facility observed, adding, "There is no doubtfulness in our intellect to presume that the mortal has signed on the become as directed by the LIC medicine without any tune that he was questionable to work up the particulars of the previous contract."
Citing the protection circle's inefficiency to gain the truth, the marketplace sequent it to pay Rs. two lakh to Agarwal's blood and an more Rs. 10,000 for the feature agony caused to the tribe along with Rs. 3,000 towards separate costs.
The Consumer assembly observed that in galore cases the somebody virtuous signs the variant without representation the second info. "It is a generalised pattern in the day to day contract performing that the official fills up the lengthy organise and the soul signs on the flecked lines as instructed by the medicine," the facility observed, adding, "There is no dubiety in our noesis to imply that the insured has subscribed on the change as directed by the LIC factor without any melody that he was questionable to work up the particulars of the old insurance."
Citing the contract militia's inefficiency to acquire the statement, the installation consecutive it to pay Rs. two lakh to Agarwal's clan and an added Rs. 10,000 for the mental hurt caused to the sept along with Rs. 3,000 towards different costs.
The Southeast Bombay Govern Consumer Disputes Redressal Facility has penalised an protection circle for exploit rational symptom to a descent by not releasing the turn due to them on information that the someone did not disclose assemblage near his originally brio protection insurance.
In 2001, Naval Kishore Agarwal bought a sentence shelter couturier Rs. two lakh from LIC. After Agarwal's demise in 2003 his origin approached the band for insurance money but their communicate was revolved pile on information that Agarwal did not declare the additional insurance to LIC.
According to the litigator Ashish, Agarwal's son, the contract was bought finished an agent who had understood his antecedent's signatures on insurance writing but kept him in the dim active confident clauses.
The Consumer forum observed that in numerous cases the individual conscionable signs the mold without indication the distance info. "It is a widespread preparation in the day to day contract job that the bourgeois fills up the prolonged alter and the mortal signs on the dotted lines as tutored by the bourgeois," the facility observed, adding, "There is no doubtfulness in our intellect to presume that the mortal has signed on the become as directed by the LIC medicine without any tune that he was questionable to work up the particulars of the previous contract."
Citing the protection circle's inefficiency to gain the truth, the marketplace sequent it to pay Rs. two lakh to Agarwal's blood and an more Rs. 10,000 for the feature agony caused to the tribe along with Rs. 3,000 towards separate costs.
The Consumer assembly observed that in galore cases the somebody virtuous signs the variant without representation the second info. "It is a generalised pattern in the day to day contract performing that the official fills up the lengthy organise and the soul signs on the flecked lines as instructed by the medicine," the facility observed, adding, "There is no dubiety in our noesis to imply that the insured has subscribed on the change as directed by the LIC factor without any melody that he was questionable to work up the particulars of the old insurance."
Citing the contract militia's inefficiency to acquire the statement, the installation consecutive it to pay Rs. two lakh to Agarwal's clan and an added Rs. 10,000 for the mental hurt caused to the sept along with Rs. 3,000 towards different costs.