Birla Sun Life Insurance Asked To Pay Rs5 Crore Claim with 9% Interest to Nominee of Deceased

Terming the repudiation letter issued by the insurance company as 'illegal and liable to be set aside', the national consumer disputes redressal commission (NCDRC) directed Birla Sun Life Insurance Co Ltd to pay a claim amount of Rs5 crore with an interest of 9% within two months to the nominee of the deceased life assured (DLA).

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