The New Delhi District Consumer Disputes Redressal Forum gave its order on a complaint against the Oriental Insurance Co Ltd by a Delhi resident for offering him Rs 1.6 lakh on theft of his car which was insured for Rs 1.8 lakh.
The bench presided by C K Chaturvedi asked the insurance firm to pay Rs 2.15 lakh to its policy holder for offering him a reduced amount, after charging premium for a higher value from him.
"After theft and issue of policy, the IDV (Insured
