Tag: nrdrc
Underwriting the Policy at the Time of Claim Settlement
National Consumer Disputes Redressal Commission (NCDRC) has held that once verification of property and policy issuance is done by the insurance company, it cannot raise objections of non-disclosure or misrepresentation of material facts by the Insured. Underwriting at the time of claim settlement is not an option for the Insurer. Let’s Look at the Case […]
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