declarations from the insured. The insured reserve his rights to decide and declare which consignments were to be insured. The insured carried ... sum insured prior to September, 2005.
The insured must disclose to the insurer every material circumstance which is known to the assured. Insurer is entitled
Where the assured is over-
insured by double insurance, each insurer is bound, as
between himself and the other insurers, to contribute
ratably ... receive two sums instead of one, or the same sum twice over, for the
same loss, by reason of having made two insurances upon
received Rs 6 crores from
the insured, taking that into account, the respondent was awarded a
total sum of Rs.32.44 crores(approx) alongwith ... This sum will afford an indemnity in respect of reduction in
the turnover of the business; but the insured will also require
compensation
case are that the
complainant took an insurance policy having sum insured of Rs.16.50
lacs from the OP for insuring her crop ... total sum
of Rs.16.5 lacs @ Rs.2.20 lacs per acre. It is further specified therein
that the sum insured per plant
greater value than the sum insured
thereon, then the insured shall be considered as
being his own insurer for the difference and shall
bear ... collectively greater
value than the sum insured thereon, then the
Insured shall be considered as being his own
insurer for the difference and shall bear
Insured :
44. In all cases where the insurers cancel the policy, the refund
will be on pro-rata basis.
11. Mid-term revision in sum ... insurer, description of the movable and immovable property
and the interest therein, location of the property insured under the
policy, the period of insurance, sums
Lakhs to the insured in
case of loss of the insured machinery.
● The surveyor appointed by the insurer admits that the machinery
was a total ... that
upon the sum insured being less than the amount required to be insured
as per Provision 1, the insurer need to pay only
from 25 July 2017 and ending on 24 July 2022, the sum
insured was Rs.27,00,000/-. Intermediary's name in the policy ... Death - Sum 2700000.00
Insured (Rs)
3 Accidental Permanent 2700000.00
Total Disability - Sum
Insured (Rs)
4 Education Benefit - 2700000.00
Sum Insured
5 Involuntary loss of Upto
from 25 July 2017 and ending on 24 July 2022, the sum
insured was Rs.27,00,000/-. Intermediary's name in the policy ... Death - Sum 2700000.00
Insured (Rs)
3 Accidental Permanent 2700000.00
Total Disability - Sum
Insured (Rs)
4 Education Benefit - 2700000.00
Sum Insured
5 Involuntary loss of Upto
Enhancement of Sum Insured will not be considered for:
1) Any Insured Person over 65 years of age.
2) Any Insured Person who had undergone ... insurer. The
W.P.(C) 2968/2020 Page 15 of 22
insurer has the right to insist upon a medical examination of the
insured prior
