Insurance Condition Restricting Claims to Accidents Within Insured Premises is ‘Absurd’: Supreme Court

In a crucial ruling, the Supreme Court of India, comprising Justice J.B. Pardiwala and Justice R. Mahadevan, criticized an insurance policy condition that restricted claims only to accidents occurring within the insured premises, terming it “absurd.” The Court directed United India Insurance Company Limited to compensate M/s Tarapore and Co. with ₹40 lakh plus applicable

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