
Strict Adherence to Contract Terms Decides Insurer’s Responsibility, No Exceptions Permitted: NCDRC
The National Consumer Disputes Redressal Commission, guided by AVM J. Rajendra, has emphasized the importance of strict adherence to insurance contract terms, allowing no deviations. Case Background: A policyholder bought a LIC Jivan Anand With Profits (With Accident Benefit) policy from an insurance company, with a coverage of Rs.2,00,00. After completing all necessary paperwork…