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The New India Assurance Company Ltd vs Hydrose on 29 October, 2008

3. This clause has come up for consideration before two Division Benches of this Court in New India Assurance Co. Ltd. v. Hydrose (2008 (3) KLT 778) and Mathew v. Shaji Mathew (2009 (3) KLT 813). On considering the entire clause both the Division Benches held that since the conditions of the policy cover the risk of a person carried in a motor vehicle other than for hire or reward by virtue of the conditions of the policy no additional premium is necessary and therefore the insurance company is liable. Now the Insurance Regulatory and Development Authority had also issued a circular on 16.11.2009 after considering the terms and conditions of the policy. It is stated that the above Circular makes it clear that the insurance company's liability in respect of occupants carried in a private car and pillion rider carried in a two wheeler is covered under the Standard M.A.C.A. 1884 OF 2008 -:3:- Motor Package Policy. Therefore in the light of these two decisions referred to above and the Circular issued by the competent authority the policy being a package policy, the insurance company cannot get exonerated from the liability with respect to a pillion rider carried in a motor vehicle. Therefore the contention of the insurance company cannot be accepted and therefore the appeal lacks merit and the same is dismissed.
Kerala High Court Cites 0 - Cited by 176 - J B Koshy - Full Document
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