said insurance policy. That following the death of Shrirang, his wife
who was nominee in the said insurance policy had submitted
insurance claim proposal with ... proposal. It is the case of the opponent
insurance company that after receiving the insurance proposal from
the complainant it has investigated the matter during
offer (proposal)
and an acceptance. The appellant made a proposal. The respondent
accepted the proposal with a modification. Therefore, it was a counter
proposal ... proposal
and they withdrawn the initial proposal of the loan scheme and
subsequently they sent proposal to cover them under Shield Insurance
Scheme. It also
obtained an insurance policy from the
appellant/O.P./Insurance Corporation for the value of Rs.1,00,000/-.
The insurance policy ... under the insurance policy before the
appellant/O.P./Insurance Corporation after completing all formalities
and necessities, but the appellant/O.P./Insurance Corporation without
facts regarding his previous diseases at the time of making
proposal for the insurance. The deceased insured suffered heart disease
and he had taken treatment ... respondents (OPs) (Insurance Corporation) has also filed
documents. Document B-1 to B-13 are insurance proposal forms for the
insurance, document
respondent/complainant, had obtained an insurance
policy from the appellant/O.P./Insurance Corporation on 02.09.2008.
The insurance policy No. is 385600101 and sum assured ... under the insurance policy before the
appellant/O.P./Insurance Corporation after completing all formalities
and necessities, but the appellant/O.P./Insurance Corporation
offer (proposal)
and an acceptance. The appellant made a proposal. The respondent
accepted the proposal with a modification. Therefore, it was a counter
proposal ... contract in terms of the counter proposal. The third was to make a
counter proposal to the counter proposal of the respondent in which
event
offer
(proposal) and an acceptance. The appellant made a proposal.
The respondent accepted the proposal with a modification.
Therefore, it was a counter proposal ... contract in
terms of the counter proposal. The third was to make a counter
proposal to the counter proposal of the respondent in which
event
insurance on his life from other insurance company i.e.
Kotak Life Insurance and ICICI Prudential Life Insurance prior to
filling up of the proposal ... with the opponent insurance company no insurance
policies from other insurance company were inforce. He also
submitted that while submitting the proposal dated
Insurance
Contract Act, 1938, the contract of insurance is not completed unless the
insurance proposal is accepted. It was further contended that as per
point ... insurance policy. In the
present case the complainant had submitted DD of Rs 1,00,000/- to the
opponent insurance company along with insurance proposal
collected relevant case papers and made insurance claim with the
opponent insurance company. But opponent insurance company
repudiated his claim and by letter dated ... insurance policies, just before
obtaining insurance policy in question from opponent insurance
company. But he has not disclosed all these facts in the insurance
