The national consumer disputes redressal commission (NCDRC) has dismissed a revision petition filed by Bajaj Allianz General Insurance Co Ltd, upholding the Gujarat state consumer commission’s order directing the insurer to pay Rs15 lakh insurance claim with 9% interest per annum and Rs2,500 as compensation and cost to the family of a deceased rickshaw owner-driver who died in a road accident. The NCDRC bench comprising Dr Inder Jit Singh (presiding member) and Dr justice Sudhir Kumar Jain (member) ruled that Bajaj Allianz General Insurance could not repudiate the claim merely because the deceased’s driving licence was not produced, noting that it was lost in the accident and that the insurer had failed to make any effort to verify its validity with the regional transport office (RTO
Bajaj Allianz General Insurance’s Plea Dismissed: NCDRC Rules Lost Licence Cannot Deny Death Accident Claim of Rs15 Lakh
Moneylife3 hrs ago
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