financing in respect of these crops.
.9. Insurance charge
(Premium)
The charges for
the built-in insurance coverage shall be 2% of sum insured ... crop insurance fund known as Central Crop Insurance Fund,
having the main function of receiving the crop insurance premiums from the
financial institutions and issue
insurance policy is unqualified
and the rejection of the insurance claim by the respondent was not justified in
terms of the insurance policy.
Similar
views ... United India Insurance Co. Ltd Vs. M.K.J. Corporation, (1996) 6 SCC 428)]. If
the insurance coverage was not extended even by taking additional
note showing insurance period from 08-04-2008 to 07-04-2009 he cannot be permitted to plead that he obtained insurance coverage from ... Oriental Insurance Co. Ltd. Vs. Dharam Chand & Ors., in which premium cheque for insurance policy was received by insurance company
circumstances, there
is no question of any under insurance as insurance coverage is for more than
Rs.7.50 crores. Therefore, deduction ... Therefore, there would not be any question of under
insurance;
(iii)
insurance coverage for the godown where fire took place
learned Counsel for
the Insurance Company.
(a) The
learned Counsel for the Insurance Company submitted that Insurance company is not liable to pay any compensation ... passenger, and, therefore, the liability of the
Insurance Company should be confined only to the insurance coverage for a
Pilot.
He relied
upon the decision
received one Group
Medical Claim Insurance Certificate from the National Insurance Co. Ltd,
Division-III, Kolkata with health insurance coverage ... accepting the insurance risk (Medishield
Insurance), it is particularly impossible to arrange coverage for the Club
Members.
By another W.V., the case put forward
submits that this
intimation by the Insurance Company to the Bank made directly
establishes that the Insurance coverage had been acquired and
obtained ... obligation on the bank
for taking any insurance coverage. As such, the coverage of insurance is a
matter between the complainant and the insurance company
submits that this
intimation by the Insurance Company to the Bank made directly
establishes that the Insurance coverage had been acquired and
obtained ... obligation on the bank
for taking any insurance coverage. As such, the coverage of insurance is a
matter between the complainant and the insurance company
Package
Insurance Policy from the appellant Insurance Company that was issued on
31.03.2013 for the period upto 30.03.2014. The dispute is about the coverage ... nylon ropes and
PVC bags under the policy nor was the insurance coverage in any way
extendable to the godown where the fire had occurred
complainant/insured.
7. The opposite party admitted the insurance policy and the insurance coverage. But disputed the insurance claim made by the complainant. The opposite ... accepted the Insurance Premium through his District Insurance Officer. The action on the part of the District Insurance Officer in accepting the Insurance premium
