Mediclaim policies, considered a panacea, prove a headache when one goes for a claim or renewal. A recent judgement of the Gujarat High Court mitigates the grievances of the policy holders to a large extent by directing the insurance companies..
Mrs. Geeta Acharya complained that two tobacco based toothpastes bearing the brand names â€˜IPCO Creamy Snuffâ€™ and â€˜Dentobacâ€™ manufactured by Asha Industries of Nadiad and Parag Perfumes, Sihor, respectively, contained ..
Virbalaben was married in 1966. On 20 July 1966 she delivered a male child in the U.K. She died two days later. She had an insurance of Rs.10,000/-. But LIC repudiated the claim of her family. In 1986, her son, Mr. Sanjay Kothari, attained the..
The terms and conditions in Life Insurance Policy provide that where a woman is a policy holder the liability of the insurer to pay the claim is limited to : (a) Premium paid by insured (without interest), or (b) Surrender value, whichever is ..
Mr. Vithaldas Parmar of Gujarat died of a heart attack ten months and nineteen days after taking a â€˜Jeevan Mitraâ€™ insurance policy. LIC repudiated the legitimate claim of his widow, Mrs. Manjulaben Parmar, for Rs.40,000/- on groun..
Mr. Amrutlal P. Patel, who was residing at village Bhadol, Gujarat, died on the 93rd day of hydrophobia on 9 April 1982 after he had been bitten by a dog. He left behind his widow, Mrs. Joyitiben Patel, and 4 children, of whom 3 were minors. M..