Bolero stolen a day after premium payment; commission orders insurer to pay Rs 3.5 lakh
In Punjab, a district consumer commission has ordered an insurance company to pay compensation for a stolen vehicle after initially denying the claim on the grounds of a late theft report. Upon review, the commission found no substantiation for the insurer's allegations of misrepresentation. Thus, the validity of the…
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Bolero stolen a day after premium payment; commission orders insurer to pay Rs 3.5 lakh
In Punjab, a district consumer commission has ordered an insurance company to pay compensation for a stolen vehicle after initially denying the claim on the grounds of a late theft report. Upon review, the commission found no substantiation for the insurer's allegations of misrepresentation. Thus, the validity of the…
