Died in 1994 or 2013? Bihar insurance mystery reaches apex consumer body, ends in Rs 50 lakh payout
Indian Express·1d ago·Positivity
What Happened
The National Consumer Disputes Redressal Commission rejected HDFC Standard Life Insurance's claim that policyholder Sushil Kumar Singh died in 1994, upholding a Rs 50 lakh payout. Singh died on March 29, 2013, following a road accident. The insurer failed to provide conclusive evidence for its 1994 death allegation. The commission found no investigation report or credible documentation supporting the company's fraud accusation. The ruling emphasizes that insurers must back fraud allegations with solid evidence.
Key Entities
NCDRCHDFC Standard Life InsuranceSushil Kumar SinghAnmol Kumar SinghBihar State Consumer CommissionRs 50 lakhMarch 29, 2013