Insurer Needs To Prove that the Insured Suppressed or Provided False Information. NCDRC Asks LIC To Pay Rs2 Lakh Death Insurance Claim
While asking the Life Insurance Corporation of India (LIC) to pay Rs2 lakh as a claim for death insurance, the national consumer disputes redressal commission (NCDRC) reiterated that it is upon the insurer who has rejected the claim to prove that the deceased life assured (DLA) suppressed material information or provided false information material while buying the policy.
Source: moneylife.in
