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Abbbbbbbbb (Law)     30 May 2022

pecuniary jurisdiction

Hi can someone please tell me how pecuniary jurisdiction of lic policy shall be determined on the basis of premium amount or maturity amount?


Quick Summary
This discussion clarifies how to determine the pecuniary jurisdiction for LIC policies. The consensus is that the maturity amount of the policy dictates the relevant court's jurisdiction. It's important to consider if the LIC policy is still active or has matured, and to know the specific premium and maturity values when assessing jurisdiction.

 2 Replies

Advocate Bhartesh goyal (advocate)     30 May 2022

Maturity amount of policy will determine the jurisdiction of court.

Dr J C Vashista (Advocate)     31 May 2022

Is there any dispute against LIC to find out pecuniary jurisdiction ? 

Whether LIC policy is still in vogue or matured and what is the amount of premium / maturity ?

 


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