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You are a person in your fifties and have taken a life insurance policy with an annual premium of Rs.5,00,000/-. You wanted the policy to mature over a period of four years and when you approached the insurer after four years for the maturity benefit ..
It has been more than forty-four years ever since the Supreme Court of India settled important questions of law respecting Section 45 of the Insurance Act, a section dealing with life insurance by the celebrated case of Mithoolal Nayak Vs Life In ..
If you hold a life insurance policy and are in the habit of making your premium payment through your insurance agent, then this article could be of help to you in understanding the issues concerning the same and the validity of such a payment in the ..
More often than not, you may have come across several decisions upholding repudiation of claims by insurers holding that �courts cannot go beyond the terms of the contact� and �the terms have to be strictly construed.� To ill ..
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