Her son died in 2013, LIC rejected all 5 insurance claims saying he hid diabetes; 12 years later, Mumbai mother wins Rs 61.5 lakh plus 9% interest payout
The key issue in deciding the claims under the final two policies was the actual date on which LIC received the first premium. Life Insurance Corporation (LIC) of India has been ordered to pay Rs 60 lakh cumulatively after a woman’s claim was rejected following her son’s death. The National Consumer Disputes Redressal Commission has…