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INSURER ORDERED TO PAY RS 50 LAKH
Insurer rejected Rs 50 lakh claim after man’s death; consumer panel finds insurer at fault, orders full payout with 6% interestInsurer rejected Rs 50 lakh claim after man’s death: A consumer commission has directed Cigna TTK to pay Rs 50 lakh after finding that the ...- NRI used NRE account to buy Rs 79 lakh property, got ‘unexplained cash’ tax notice; ITAT Ahmedabad grants full reliefNRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case ...
- Man cleared Rs 45,000 credit card due in 12 EMIs, yet Kotak Mahindra Bank showed Rs 19,000 unpaid and threatened him; bank ordered to withdraw dues and pay Rs 1.5 lakhKotak Mahindra Bank has been ordered to pay Rs 1.5 lakh in compensation after the Delhi State Consumer Disputes Redressal Commission found ...
- Wife sought higher maintenance citing husband’s wealth; High Court rejects plea but orders Rs 46 lakh for daughters' educationHusband claims Rs 20 lakh debt and lost his earning capacity due to the hostile atmosphere and false complaints by wife; HC rejects wife’s ...
- Man found Rs 1.3 lakh missing from SBI bank account: Rs 80,000 ATM withdrawal, Rs 50,000 transfer made without his authorisation; consumer court upholds Rs 1.3 lakh refundA man's SBI bank account was drained of Rs 1.3 lakh through four unauthorised ATM withdrawals and two transfers he says he never made. SBI ...
- Have over Rs 1 crore cash to invest? Expert suggests portfolio for retirement, children’s goalsAn investment advisor recommends a tailored strategy for a surplus of Rs 1.31 crore, focusing on balancing risk and stability for retiremen...
- Insurer denied claim against workplace accident during lunch break; employee escalated the issue in Delhi HC and won ₹7.86 lakh compensation with 12% interestEmployee denied compensation as he lost his left leg due to accident at workplace during lunch-break; Delhi HC orders insurance company to ...
- SBI bank locker Rs 50 lakh jewellery theft: What happens if your valuables goes missing or gets stolen? How much will bank pay?A Kanpur woman has alleged that jewellery and valuables worth around Rs 50 lakh went missing from her SBI bank locker. Here’s what RBI rule...
- Amazon ordered to pay Rs 10,000 after customer cancels mattress order, but fails to get Rs 8,000 refund; here's whyA customer who cancelled an Amazon mattress order after it went undelivered and was assured a refund through the app never received the mon...
- Group term life: Why salary-linked insurance cover can matter after death and offer critical financial support to familyThe objective of life insurance is to provide a replacement income to the dependents of the deceased employee. That is why it is important ...
- AU$100,000 salary sounds like Rs 67 lakh in India, but an Indian in Australia explains the realityAn Indian man in Australia explained salary conversion differences to his family. His AU$100,000 annual income appears large when converted...
- Gurgaon-based real estate company ordered to pay Rs 23 lakh compensation to buyers over delayed flat possession by Haryana RERAIn a recent ruling, Rera instructed Pareena Infrastructure to compensate two homebuyers with Rs 23 lakh for the extended delays in deliveri...
- 23-year-old buys Rs 5 crore term insurance at ‘zero cost’: Financial advisor reveals the Marwari wealth trick behind thisFinancial advisor Prem Soni shared how a 23-year-old used Rs 3 lakh invested in an index fund and an SWP to fund Rs 30,000 annual premiums ...
- Buying health insurance after 60? Here's how senior citizens can reduce premiums and increase coverageWorried about rising healthcare costs after 60? Discover how senior citizens can secure robust health insurance without breaking the bank. ...
- ₹10 lakh investment plan: Find the right equity, hybrid and debt allocation for your financial goals
- Kerala man wins over Rs 1 lakh from Air India after 9-year legal battle over missed Saudi flightA consumer commission ruled against Air India, requiring the airline to compensate a passenger who missed his international flight after a ...
- Life insurer rejected Rs 70 lakh death claim, but consumer commission ordered it to refund Rs 7 lakh premium despite a lapsed policy; here's whyA life insurer denied a seventy lakh death claim after a policy lapsed. The policyholder had paid seven lakh as the first year premium. The...
- Star Health cuts mediclaim without citing any policy clauses: Court says insurer cannot act on 'whims and fancies'; orders to pay the remaining Rs 47KStar Health Insurance has been ordered by a Guntur consumer commission to pay Rs 47,356 to a policyholder whose Covid hospitalisation claim...
- LIC rejects claim saying past typhoid, jaundice were not disclosed: Court says the illnesses have no link to sudden heart attack that killed the policyholder; orders insurer to pay over Rs 10 lakhLIC rejects insurance claim saying policyholder hid illnesses: LIC rejected a death claim filed by a Guntur widow, arguing her husband had ...
- ICICI Lombard rejects Rs 50 lakh accidental death insurance claim, consumer court said insurers can't add new claim conditions. Here's what happenedA consumer commission ordered ICICI Lombard to pay fifty lakh rupees to a policyholder's nominee. The policyholder died in a road accident,...
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