Udupi: Insurance company directed to pay Rs 10 lac with interest for service deficiency


Daijiworld Media Network – Udupi (SS)

Udupi, Aug 9: The district consumer court has ordered an insurance company to pay Rs 10 lac along with interest to a consumer for deficiency of service and adopting delaying tactics.

On December 24, 2018, the late Santhosh Shetty, a resident of Hebri had taken a personal accident insurance policy from Universal Sompo General Insurance Company. Santhosh died on November 1, 2019, while taking bath in a river by drowning. His heirs Pushpa Shetty and Divya Shetty approached the insurance company and submitted an insurance claim on Santhosh Shetty's death. The company rejected the claim on grounds that the applicants had submitted it late.

Santhosh Shetty's heirs filed a complaint with the district dispute settlement authority's court through a lawyer.

After hearing the arguments and examining the records, the court ordered the insurance company to pay Rs 10 lac towards accident insurance claim based on the Insurance Regulatory Authority of India's circular and National Authority's judgment on the matter.

The court also directed the company to pay Rs 25,000 to the petitioner as interest for the time lost between claim rejection date until the judgment date and Rs 10,000 as court expenses within 30 days.

The judgment was pronounced by District Consumer Court chairman Sunil T M Reddy, members Sujatha B Koralli and Prema. Vivekananda Mallya of Karkala argued the case in favour of the petitioners.

 

 

 

 

  

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Comment on this article

  • Rajesh, Kudla

    Wed, Aug 09 2023

    Insurance Company want long live insurance holder and short live nominee hehehe As I personally know that they provide insurance only healthy people, also need to approach before pregnancy what a comedy.

    DisAgree Agree [16] Reply Report Abuse

  • Jossey Saldanha, Raheja Waterfront

    Wed, Aug 09 2023

    Insurance Companies take people for Granted ...

    DisAgree Agree [22] Reply Report Abuse

  • Prakash, Manipal

    Wed, Aug 09 2023

    Most insurance companies play tricks when it comes to a claim situation... All things will be happy happy as long as the person keeps paying premiums year after year... In claim settlement even today the best is LIC of India... All other companies have the best in house legal teams specially to deny even the logical timely claims... health insurance companies have to be watched very carefully...

    DisAgree [1] Agree [23] Reply Report Abuse

  • Monty Dotor, Mangalore

    Wed, Aug 09 2023

    True. Even in this case the legal team will move the High Court against the order of the consumer court, then there will be Tareek Pe Tareek.

    DisAgree Agree [11] Reply Report Abuse


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