Business Standard

Non-disclosure doesn't apply to known facts

The National Commission considered that the law provided that jurisdiction could be based on the complainant's place of residence.

LIC, Life Insurance Corporation
Premium

Jehangir B Gai

Listen to This Article

Pawan Kumar had taken several policies from Life Insurance Corporation of India (LIC). The first three policies were taken between 1997 to 2007. The fourth policy was taken on November 17, 2009. The fifth and last policy with a coverage of Rs. 15 lakh was taken on November 18, 2009.

Paswan received burn injuries during some dispute, and expired on 30.11.2009. A first information report (FIR) was filed against the accused at Sonepat Police Station in Haryana.
 
Subsequently, when Paswan's brother Jagjit lodged a claim under the last policy issued on November 17, 2009, Life Insurance Corporation (LIC) repudiated it on
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in