NCDRC Life Insurance Claim Rejection: Reiterating the principle that life insurance contracts are governed by the doctrine of utmost good faith, the National Consumer Disputes Redressal Commission (NCDRC) has set aside a Rs 25 lakh insurance award to a consumer, a widow of the policyholder, the nominee in the policy stating that deliberate non-disclosure of a pre-existing, life-threatening illness by an insured justifies repudiation of a death claim.
A bench of Air Vice Marshal Jonnalagadda Rajendra (Retd), Presiding Member, and Justice Anoop Kumar Mendiratta, Member, was on February 4 hearing an appeal by HDFC Standard Life Insurance Company Limited against an order of the Maharashtra State Consumer Disputes Redressal Commission (MSCDRC).