advantageconsumer.com
Consumer Protection Council, Rourkela
  about us
information management services
Important judgements passed by the Consumer Courts
Life Insurance



1. Life Insurance Corporation directed to compensate

   National Commission, New Delhi
First Appeal no. 30 of 1991

Smt.Manjulaben V.Parmar and Anr. 
Vs
L.I.C of india and Anr.



2. Agents not authorised to collect any money on behalf of LIC.

National commission,New Delhi
First Appeal no.280 of 1992

Life insurance corpn.of india and Anr 
Vs
Consumer Education and Research Society and Ors.



3. Nominee of the insured cannot be penalised for the employer's fault

National Commission, New Delhi
First appeal no. 242 of 1992

Union of India ,Through:Deputy Chief Engineer,Southern Railway 
Vs
Smt.Rajeswari and Ors.



4. Mere receipt of premium shall not bind LIC

National Commission, Camp Office: Bangalore
Revision Petition No.533 of 1994

L.I.C. of India  and Anr.
Vs 
Smt. K.Aruna Kumari



5. An applicant not fulfilling the conditions specified cannot accuse LIC of rendering deficient service

National Commission, New Delhi
Revision Petition No.701 of 1996

LIC of India and Others 
Vs 
Ms.Kanchan Murlidhar Akkalwar



6. Commission defines accidental death and directs LIC to pay insurance benefits

National Commission, New Delhi
Revision Petition No. 536 of 1996

Smt. Manda Savarna
Vs.
Branch Manager LIC of  India & Another


7.LIC directed to pay accident benefit to the victim who suffered total permanent disability of both legs

NATIONAL COMMISSION, NEW DELHI
REVISION PETITION NO. 436 OF 1996

Bhag Chand Jain                               - Petitioner 
Vs. 
LIC of India & Anr.                          - Respondents


8.  LIC cannot repudiate a claim, when there is no nexus between the ailment suppressed and the ailment for which claim is made.

National Commission, New Delhi
Revision Petition No. 82 of 2000

Ramakrishna Manjkrao Pusadkar       --- Petitioner
                 Vs.
L.I.C. of India                                    --- Respondent



9. Parties to an agreement are not entitled to get benefits of apparent mistakes. 

National Commission, New Delhi
Original Petition No. 178 of 1995

Satya Deo Malviya                               -- Complainant
                              Vs.
Life Insurance Corporation of India Ltd.   -- Opposite Party


10. Life Insurance is a contract on good faith.  Nominees of a Policy stand to be penalised for hiding of vital information by the Policyholder.

NATIONAL COMMISSION, NEW DELHI
REVISION PETITION NO. 1061 OF 2011

LIC OF INDIA & ORS.                                    ...........Petitioner(s)
                                                      Versus    
RAMAMANI PATRA & ANR.                         ...........Respondent(s)


11. Insurance benefits denied as the insured had concealed material fact at the time of obtaining the Insurance Policy.

NATIONAL COMMISSION, NEW DELHI
REVISION PETITION NO. 2890 OF 2014

SBI LIFE INSURANCE CO. LTD.                    ...........Petitioner(s)
                                                   Versus    
DUNE BHAGYALAKSHMI                              ...........Respondent(s)


12. Claim cannot be repudiated on the basis of non-disclosure of existing policies for covering the same risk.

NATIONAL COMMISSION, NEW DELHI
               REVISION PETITION NO. 139 OF 2016                
                
IDBI FEDERAL LIFE INSURANCE CO. LTD. & ANR.                                                                                                     ...........Petitioner(s)
                                                          Versus     
RAMESHWAR PRASAD JAIN                          ...........Respondent(s)

13. LIC’s refusal to pay double accident benefits upheld, as the vehicle was being driven in contravention of the MV Act.

NATIONAL COMMISSION, NEW DELHI
           REVISION PETITION NO. 1406 OF 2012            
                   
BHANUBEN VALJIBHAI                             ...........Petitioner(s)
                                               Versus    
LIC OF INDIA                                               ...........Respondent(s)

14. In the case of premium being remitted through Salary deduction, LIC and the Employer have the responsibility to inform the individual, in case of default.  Else, they have to make good the loss suffered.

NATIONAL COMMISSION, NEW DELHI
REVISION PETITION NO. 3482 OF 2017

LIFE INSURANCE CORPORATION OF INDIA  ...........Petitioner(s)
                                                     Versus    
SEETA & ANR.                                                     ...........Respondent(s)

15. LIC’s Petition for relief dismissed at admission stage itself, for claiming inherent typographical error in the sum assured of the Policy

NATIONAL COMMISSION, NEW DELHI
 
LIFE INSURANCE CORPORATION OF INDIA & ANR.
                                                                                ...........Petitioner(s)
                  Versus    
PARVATI BAI & ANR.
                                                                              ...........Respondent(s)

16.   A contract of insurance involves utmost good faith.  Since the insured had concealed material facts, LIC’s appeal upheld and the death claim disallowed.

NATIONAL COMMISSION, NEW DELHI
                 REVISION PETITION NOs. 1949 – 1952 OF 2018                       
LIFE INSURANCE CORPORATION OF INDIA

                                                                               ...........Petitioner(s)
                            Versus    
RAJ VILAS DONGRE & ANR.                         ...........Respondent(s)




                                                                                             Top
 



feedback

query
Consumer Protection Council, Rourkela