
NCDRC: Insurers Can Reject Policies If Material Facts Are Not Disclosed
Order Name: Indumati Vs. Senior Divisional Manager, Life Insurance Corporation Case No.: F.A. No. 206/2017 The National Consumer Disputes Redressal Commission (NCDRC), led by Mr. Subhash Chandra and Dr. Sadhna Shanker, has ruled that insurers have the right to reject policies if any significant information is not disclosed by the policyholder. This verdict is based…