Monday, November 1, 2021

Insurance claim liable to be rejected if lapsed on account of non-payment of premium: SC

An insurance claim can be rejected if the policy has lapsed on account of non-payment of premium, said the Supreme Court which stressed that the terms of an insurance policy have to be strictly interpreted.

source https://economictimes.indiatimes.com/industry/banking/finance/insure/insurance-claim-liable-to-be-rejected-if-lapsed-on-account-of-non-payment-of-premium-sc/articleshow/87466686.cms

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