Holding State Bank of India (SBI) and SBI Life Insurance Co Ltd (SBI Life) guilty of unfair trade practice and deficiency in service in rejecting the death insurance claim of a borrower of a home loan, the national consumer disputes redressal commission (NCDRC) directed them to settle the claim in full in terms of the related policy and pay compensation of Rs8,000. While setting aside the order of Punjab state consumer disputes redressal commission, NCDRC affirmed the order passed by the Gurdaspur district consumer disputes redressal forum.
Citations: 2023 LiveLaw (SC) 996 To 2023 LiveLaw (SC) 1013Nominal IndexPriya Indoria v. State of Karnataka 2023 LiveLaw (SC) 996Vivek Kaisth and another v. The State of Himachal Pradesh 2023 LiveLaw.
City Union Bank: A Century of Innovation and Customer-Centric Banking thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Supreme Court BMW Car Damage: Supreme Court Refuses Claim For Replacement; Says Insured Can t Claim Anything More Than Insurance Policy Coverage Case Title: Bajaj Allianz General Insurance.
China s financial regulator,
the National Financial Regulatory Administration, has approved
Zhao Peng s appointment as chairman of PICC Life Insurance Co
Ltd, according to a statement on the. -November 27, 2023 at 10:28 pm EST
- MarketScreener