The District Consumer Commission ordered the Life Insurance Corporation (LIC) to pay ₹80 lakh to a student whose father passed away in a car accident. The insurance company had initially denied the claim, stating that victim had not disclosed about having more than one policy with them.
The District Consumer Disputes Redressal Commission-III, Hyderabad was dealing with a complaint by Surya Snehit (21). The opposite parties (OP) were the Zonal Manager, South Central Zone Office, LIC, the Manager of LIC’s Nizamabad Branch, and the Divisional Manager of LIC’s Secunderabad Divison Office.
The complainant’s father, K. Prabhakar Rao, died in a road accident and his body was found in a canal in Thoguta, Telangana. The complainant stated that the victim had taken a Jeevan Amar policy of a sum insured of ₹ 80 lakh from LIC. The victim had other policies as well. The complainant’s sister was the nominee of two other policies, also from LIC, which were settled. However, the complainant’s claim was repudiated with the OP stating that the victim had not disclosed that he had another policy, bought in 2019, with the SBI.
