first time in 1990 for a sum of Rs.90,000=00. The sum insured under the policy was thereafter revised to Rs.3 lakhs ... Insurers. It was also submitted that it is only when the sum insured was to be enhanced at the time of renewal that the question
first time in 1990 for a sum of Rs. 90,000. The sum insured under the policy was thereafter revised to Rs. 3 lakhs from ... insurers. It was also submitted that it is only when the sum insured was to be enhanced at the time of renewal that the question
allowed the complaint of
the respondents and held that the maximum sum insured of
Rs.1,00,000/- is not exhausted as the insurance company ... Insured person has to submit written proof towards his retrenchment."
8. The petitioner insurance company has insured the
respondents for a sum
three
specified godowns of Shreenath. The total sum insured under this policy
was Rs. 28.69 Lac. The factum of issuance of this Floater Policy ... operation of the aforesaid policy, Shreenath thought fit
to get the sum insured enhanced under the aforesaid policy. Hence, on
31st May, 2001, one additional
policy, the insurer has agreed to indemnify the insured against all sums which the insured shall become legally liable to pay in respect of death ... policy, the insurer has agreed to indemnify the insured against all sums which the insured shall become legally liable to pay in respect of death
three
specified godowns of Shreenath. The total sum insured under this policy
was Rs. 28.69 Lac. The factum of issuance of this Floater Policy ... operation of the aforesaid policy, Shreenath thought fit
to get the sum insured enhanced under the aforesaid policy. Hence, on
31st May, 2001, one additional
Description of benefits Premium per year/per
% of Capital Sum person for Capital Sum
insured Insured of Rs.10000/
For Mot Comm
Pvt. Scooter Vehs ... than 100%
named above.
The maximum cover is limited to capital sum
Insured of Rs.2 lacs. per person.
(a) If the Policy
respondent Insurance
Company which was renewed for 18 years. Initially, the
sum insured was Rs.83,000/-. Clause 4.1 of the policy
provided for exclusion ... 1068/2007 CAV JUDGMENT
blood pressure. In 1997-98 the sum insured under the
policy was enhanced to Rs.03,00,000/-.
3.1 On 30th
that the liability of the insurer depends on the terms of the contract between the insured and the insurer contained in the policy;
ii. there ... policy, the insurer has agreed to indemnify the insured against all sums which the insured shall become legally liable to pay in respect of death
that it can be said to become liable to pay the sum insured to the assessee.
10. If the life assured however were to expire ... life assured, who would get the sum equal to the premiums paid, again not the sum insured. Even if the life assured continues
