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Showing contexts for: Group Insurance Policy in Karmi Devi vs Central Coalfields Limited Through Its ... on 19 February, 2016Matching Fragments
Considering the aforesaid facts and circumstances of this case, this writ petition is allowed. The respondents are directed to ensure that the payment towards the Group Insurance in accordance with the policy entered into and agreed should be released and paid to the petitioner within a period of three months from the date of receipt of a copy of this order. They shall also consider payment of statutory interest in accordance with law."
15. In compliance of the directions passed by this Hon'ble Court in W.P.(S) No. 2379 of 2007, vide order dated 17.09.2007, respondents considered the claim of the petitioner and pass a reasoned order. Perusal of the reasoned order would reveal the Oriental Insurance Company had came up with a time frame that old claims should be intimated by 15.08.2003 and accordingly the claim of the deceased husband of the petitioner was informed to the Insurance Company vide letter dated 16.08.2003. As the Group Insurance Policy was taken from Oriental Insurance Company Ltd., it is said that the Insurance Company has the sole discretion to decide the claim. In pursuant to the directions of this Hon'ble Court, the respondents have forwarded the claim of the petitioner recommending to settle the claim in his favour to the Insurance Company and the matter is pending at their end.
20. Respondent/Insurance Company, the Oriental Insurance Co. Ltd., CBOI,Ranchi had issued one insurance policy vide Policy No. 332201/48/POL/2000/MIG/87 to M/s Central Coalfields Ltd, Darbhanga House, as Group Personal Accident Policy (GPAI) for the Executives and, Non Executives employees of C.C.L. for the period of 31.3.2000 to 30.03.2001 with certain terms and conditions. Apart from the standard terms and conditions of the Personal Accident Insurance Policy (Group) the Oriental Insurance Company/insurer and Central Coalfields Ltd. (CCL)/insured entered into a Memorandum of Understanding (in short M.O.U) in connection with Group Accident Insurance Policy for the Executive and NonExecutive employees of C.C.L. for the period of one years ie. From 31.03.2000 and 30.03.2001 for coverage of risk of their employees as per the terms and conditions of the said M.O.U. which is a part of the insurance policy. As per the standard terms and conditions of the (GPAI policy condition1) all the accidental death should had been intimated to the Insurance Company within one calendar month. In the instant case though the C.C.L. authorities received death intimation of the deceased employee, late Sitan Gpoe through his wife/petitioner within one month (approx) but the C.C.L. forwarded it to the Oriental Insurance Company on 14.08.03/16.08.03 (after 3 years one month from the date of accidental death), and was received by O.I.C. Ltd. on 18.8.2003.