Non Payment of Insurance Premium on Time is Valid Ground For Rejection of Claim, Rules Supreme Court

Recently, the Supreme Court observed that it is not permissible to rewrite a contract when interpreting the terms of an Insurance Policy. As per the Bench of Justices Sanjiv Khanna and Bela M Trivedi the terms of an insurance policy should be interpreted strictly. It further stated that there is a requirement of Uberrima fides

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