Supreme Court of India
Mahaveer Sharma v. Exide Life Insurance Company Limited & Anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
We are of the considered view that such a failure would not influence the decision of a prudent insurer to issue the policy proposed.
Judgment, page 14
From the headnote
Issue for Consideration Whether there was any material suppression of fact on the part of the appellant’s father while obtaining an insurance policy or not. Headnotes† Consumer Disputes – Life insurance policy – Repudiation of claim, when not proper – Life insurance policy of Rs.25 lakhs was taken by the deceased (father of the appellant) – He died in an accident – Appellant’s claim was repudiated on the ground that there was material suppression by his father as he had disclosed only one other life insurance policy availed by him at the time of filing the proposal form, but failed to
Authorities it was built on
- 2009 Satwant Kaur Sandhu v. New India Assurance Company Ltd.
- 2019 Reliance Life Insurance Co Ltd & Anr. v. Rekhaben Nareshbhai Rathod
- 2021 Manmohan Nanda v. United India Assurance Co. Ltd. & Anr
- 2024 Mahakali Sujatha v. The Branch Manager, Future Generali India Life Insurance Company Limited & Another
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