India, April 24 -- The Bombay High Court has ruled th
at time restrictions on submission of insurance claims are contrary to the law and ordered the United India Insurance Company Ltd to clear health insurance claims of a city resident and his wife, totalling Rs.1.13 lakh.
The insurance company had rejected the claim on the ground that it was submitted after expiry of the stipulated 90-day window post hospitalisation. But a bench of justices Bharati Dangre and Manjusha Deshpande held that the policy term - extinguishing rights of the insured on expiry of a period was contrary to section 28(b) of the Indian Contract Act and therefore void.
The petitioner, CP Ravindranath Menon, had availed a group health insurance cover through his empl...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.