preferred by the revisionist - National Insurance Company
Limited, for recovery of insured sum paid by it to the insured.
2. The brief facts ... insured student died in an accident. Insured's father
alleging deficiency in service filed consumer complaint for recovery
of the insured sum against
2016/2022 valid from 09.12.2015 to
08.12.2016. In the said policy, sum insured is Rs.1,00,000/-. Basing on the medical
prescription of AIMMS ... enhanced sum assured is not payable for any
treatment undergone during the running policy, the claim was settled basing on the
sum insured
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
complainant for sum assured Four lacs had no weight as there was
only ONE policy of ONE Lacs sum insured for Smt Satyavati vide
policy ... 003770 for a sum of Rs.1,00,000/- for the
period starting from 02.12.2010 to 01.12.2011. Further, the sum insured
in the policy
insure the interest as
specified, which was despatched either by or for account of the
insured, wherein they were having an insurable interest. Learned
counsel ... insured was exhausted by the
declarations so made. As such, the Insured was bound to declare all
the shipments so made and the Insurer
held that the assessment must
start with the amount described as sum insured on the day when the
contract was entered into ... Surveyor or the
Insurance Company to disregard the figure stipulated as sum insured
except in cases of fraud, coercion or misrepresentation. The aforesaid
CC1772
insured for Rs.52,00,000/-, for Burglary and
Robbery sum insured is Rs.53,00,000/-, for money the sum insured ... public liability the sum insured is Rs.10,000/-. Thus
total sum insured is Rs.1,06,10,000/-.
11. The complainant pleaded that
insurer for hiring or availing its services. It is the
premium paid by the insured to the insurer and not the extent of the
sum ... means that the insured has taken out an insurance policy
in which he has valued the insured items for a sum which is less
than
sum insured is less than the amount required to be insured, the
insurer will pay only in such proportion as the sum insured bears ... means
that the insured has taken out an insurance policy in which he has valued
the insured items for a sum which is less than
obtain the "Whole Life Participating
Policy" for the sum insured Rs. 50,00,000/-. That the signature of the
complainant was obtained ... Premium mode: Quarterly
(I) Duration of coverage: to age 100
(J) Sum insured: 50,00,000/- bonus
(K) Model Premium
