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Haven Life Introduces A Newly Priced Haven Term, Making It More Affordable For Families To Help Financially Protect Their Loved Ones

Haven Life Introduces A Newly Priced Haven Term, Making It More Affordable For Families To Help Financially Protect Their Loved Ones
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SC rejects SLIC s false data plea against insured - Pakistan

The Supreme Court has ruled that an insurance company cannot avoid a life insurance policy after two years of its coming into effect merely for the reason that the policy contains false information or inaccuracies about the insured person’s health condition. SC website/File ISLAMABAD: The Supreme Court has ruled that an insurance company cannot avoid a life insurance policy after two years of its coming into effect merely for the reason that the policy contains false information or inaccuracies about the insured person’s health condition. And to prove the allegations of fraud or falsity, the insurance company has to come up with strong evidence that the insured person at the time of applying for the insurance, deliberately suppressed material facts about his health conditions, which were essential to disclose at the time of taking the policy, held a nine-page judgement authored by Justice Munib Akhtar.

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