Insurers Cannot Repudiate a Contract If Exclusion Clauses Aren’t Disclosed To The Insured As Per IRDA Regulations: SC

On Wednesday, the Supreme Court warned all insurance companies that if they don’t mandatorily comply with clauses 3 and 4 of the Regulatory and Development Authority (Protection of Policy Holder’s Interests, Regulation 2002) Act (the IRDA) then their right to repudiate an insurance contract by taking recourse of any conditions/terms will be taken away. It

To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.

Click to Subscribe

If you are already a VIP Member, Click to Login Now

Related Articles

Latest Articles