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Insurance Regulatory and Development Authority (Protection of Policyholders’ Interests) Regulations, 2002

3 judgments · newest first · showing 1–3

MAHAVEER SHARMAversusEXIDE LIFE INSURANCE COMPANY LIMITED & ANR.

2025 INSC 268Appeal(s) allowed

The appellant Mahaveer Sharma claimed death benefits under a life insurance policy taken by his father, Ramkaran Sharma, from Exide Life Insurance. The insurer repudiated the claim alleging that the father had materially suppressed information by not disclosing other existing life insurance policies …

RELIANCE LIFE INSURANCE CO LTD & ANR.versusREKHABEN NARESHBHAI RATHOD

2019 INSC 565Appeal(s) allowed

The appellant Reliance Life Insurance issued a term life policy to the deceased after he had taken a separate policy from another insurer, but he failed to disclose the earlier cover in the proposal form. After the insured's death, Reliance repudiated the claim, invoking Section 45 of the Insurance …