Artha Jagat: SC allows appeal against insurance company, know more about the health of Finance Minister Nirmala Sitharaman

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The Supreme Court docket has admitted an enchantment in opposition to an insurance coverage firm which had issued a backdated letter suspending the insurance coverage course of and subsequently rejected the insurance coverage declare after intimation of the loss of life of the insured. affected particular person. In a judgment handed earlier this month, Justice Okay.M. Joseph and Hrishikesh Roy mentioned, “The appeal and complaint are allowed. Respondent No.2 (Max Life Insurance Corporation) is accordingly directed to process the insurance claim of the complainant and pay the amount due.”

Writing the judgment on behalf of the bench, Justice Roy mentioned, “When the information about the death was given to the respondents, the most surprising thing was that it prompted the insurance company to issue a back date letter to postpone the insurance process.” ” The bench mentioned that the conduct of respondent no. 2 can’t be held to be in opposition to the great religion requirements that an insurance coverage contract warrants.

With inputs from IANS

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