sanction of the said
facility, the bank required him to secure insurance
coverage for the hypothecated stock.
4. The plaintiff asserts that, in compliance with ... said requirement, defendant No.2 bank arranged for
insurance coverage of the hypothecated goods through
defendant No.1 insurance company and ensured automatic
debit
further stated that
on the insistence of the Bank, an insurance coverage was obtained by
paying an amount of Rs.87,802/- on 10.05.2008 with ... Insurance Company (for short, 'the
Company') has not received any membership form in the name of the
deceased for grant of insurance coverage
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
further submitted that the timing and quantum of
insurance coverage assume significance. Initially, the respondent
had obtained an insurance policy ... record that the present case involves
a fraudulent insurance claim. The respondent enhanced the
insurance coverage and procured an additional policy in close
proximity
including the terms of the life insurance cover will be
explained to the customer. As the Insurance coverage is
optional, the applicable premium which ... Insurance Company towards the insurance premium of the
Housing Loan availed by the deceased C.Radhakrishanan Nair. In
order to give insurance coverage
entire
consideration of the premium to the Insurance Company and
has secured the service of insurance coverage. He therefore
Page 61 of 84
submits that ... complaint or cannot make
an insurance claim from the Insurance Company.
Mr. De, learned counsel appearing for the Insurance Company
submits that there are other
entire
consideration of the premium to the Insurance Company and
has secured the service of insurance coverage. He therefore
Page 61 of 84
submits that ... complaint or cannot make
an insurance claim from the Insurance Company.
Mr. De, learned counsel appearing for the Insurance Company
submits that there are other
Guntur was neither a subject matter of
insurance acquired by the Complainant nor any erection
insurance coverage was taken by SMPCL in respect ... itself and this information was not
shared with the Insurance Company when the insurance
coverage was being sought. The authenticity of the said mail
site testing /
calibration works undertaken by FCRI.
2) Do FCRI provide Insurance coverage for accidents / other mishaps
during site works for labour supply casuals those ... details (including insurance company name, insured
amount )and the amount spend for the above year wise
3) Do FCRI provide Insurance coverage for accidents / other
