IMP-ost : 5th Nov, 2012
www.i-securesolutions.in : Insurance claim rejection
Got general insurance? Company may not pay
An insurance company cannot be held liable to compensate a road mishap victim or his family if the accident takes place because of his negligence
During the hearing, the insurance company had said "no evidence was produced to prove that the accident took place because of the failure of brakes and moreover,
it did not "cover the risk of the driver of the two wheeler and he being not a third party, the insurance company was not liable to pay any compensation."
Read full article at :
http://www.financialexpress.com/news/got-insurance-company-may-not-pay/1023541/0
Got general insurance? Company may not pay
An insurance company cannot be held liable to compensate a road mishap victim or his family if the accident takes place because of his negligence
During the hearing, the insurance company had said "no evidence was produced to prove that the accident took place because of the failure of brakes and moreover,
it did not "cover the risk of the driver of the two wheeler and he being not a third party, the insurance company was not liable to pay any compensation."
Read full article at :
http://www.financialexpress.com/news/got-insurance-company-may-not-pay/1023541/0

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