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
Policy and the claim amount payable will be 20% of the sum insured, subject to a maximum of Rs.50,000/-. Hence, the claim settled ... instant case, the sum of Rs.10,000/-, being 20% of the sum insured, paid by the insurance company is perfectly correct. Therefore
collectively to all members of the family. In case, the sum insured of ₹3
lac per family is exhausted, the amount/expenses will ... from
the Buffer Sum Insured of ₹25 Crore as available to each and every
member of the group on 'Group Floater Basis
treatment. The
complainant was entitled to full sum insured as per clause 2.7 of
the insurance policy, which indicates that the total and
irrecoverable loss ... entire foot,
constitute 100% disability and the percentage of the sum insured
of the benefit payable shall be 100%. The complainant
approached
Insured reduces on
submission of each declaration by the Insured during the year and gets
exhausted and needs to enhanced if required, and the Insured ... sum Insured is previously exhausted by
declaration." Since the Insured gave wrong details which was observed
later on, though the Insured is claiming
policy no.
PROHLR980128302 for time duration 29.08.2018 to 28.08.2019,
for the sum insured Rs. 4,50,000/-. By this policy complainant and
his wife Ushaben ... Learned District Commission has awarded
the amount of compensation more than sum insured. He has
requested to allow the appeal.
M.B.Desai
policy no.
PROHLR980128302 for time duration 29.08.2018 to 28.08.2019,
for the sum insured Rs. 4,50,000/-. By this policy complainant and
his wife Ushaben ... Learned District Commission has awarded
the amount of compensation more than sum insured. He has
requested to allow the appeal.
M.B.Desai
insured amount to the extent of 80% in case of Mule could be
awarded, but the District Forum awarded total insured sum to the
respondent ... injury to any animal hereby insured.
8. On the death of any animal hereby insured
the Insured shall, give immediate notice thereof to
the Company
death of one of the borrower, a sum equal to 50% of the sum insured was payable, which was paid by the Insurer ... sum insured in the policy was payable. The Insurer and State Commission has misread and misinterpreted the terms of the policy. The Insurer has illegally
behalf of such
insured students, but not exceeding the sum insured
of Rs.50,000/- (fifty thousand) during the policy
period."
4. Mr. Acharya ... submit,
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there was Buffer Sum Insured, to be kept as reserved for the students,
to meet expenses arising
