Commission orders Rs 50 lakh insurance payout, says insurer can't impose new claim conditions - The Times of India
NEW DELHI: A district consumer commission in Andhra Pradesh has directed ICICI Lombard General Insurance to pay a deceased policyholder's family Rs 50 lakh under an accidental death insurance policy, holding that an insurer cannot introduce new conditions at the claim stage after issuing the policy. In its July 20 order, the Kurnool District Consumer Disputes Redressal Commission also awarded Rs 20,000 as compensation.