Insurance Company Held Liable Despite Non-Disclosure Claim; Consumer Commission Upholds Concurrent Findings.
14 October 2024
Consumer Law >> Civil & Consumer Law
The complainant, Suvankar Sen, filed a complaint after the insurance company denied the death claim of his mother, Mrs. Arati Dey Sen, who had a life insurance policy with a sum assured of Rs. 1,50,000. The insurance company argued that Mrs. Sen had failed to disclose her pre-existing medical conditions, including hypothyroidism and a history of nosebleeds, at the time of policy application. They cited a hospital consultation ten days prior to the policy application as evidence.
However, the consumer forums found that the proposal form was filled by the insurance company’s agent, not the deceased. They also noted that the hospitalization cited by the insurer occurred after the policy application. The State Commission further emphasized the insurance company’s vicarious liability for the actions of its authorized agent, stating that the agent should have ensured accurate information was provided.
The NCDRC, in its ruling, acknowledged the limited scope of its revisional jurisdiction, emphasizing that it should only interfere with concurrent findings in cases of patent illegality, material irregularity, or jurisdictional error. The commission cited several Supreme Court judgments, including Rajiv Shukla v. Gold Rush Sales & Services Ltd. and Mrs. Rubi (Chandra) Dutta Vs. M/s United India Insurance Co. Ltd., which reinforce the principle of judicial restraint in revisional matters.
Consequently, the NCDRC dismissed the revision petition, upholding the District Forum’s order with a modification regarding the interest rate. The insurance company was directed to pay the sum assured with 9% interest per annum from one month after the repudiation letter (dated August 6, 2013) until realization, within eight weeks. Failure to comply would result in an increased interest rate of 12% per annum.