A life insurance policy is meant to give a family financial support and stability when the policyholder is no longer around to take care of them. But what do you do when an insurer rejects a death claim, alleging that the policyholder didn’t disclose an earlier insurance proposal or medical information?
A recent case before the Telangana State Consumer Disputes Redressal Commission shows the importance of disclosing relevant information while buying a life insurance, and why an insurer must also prove that the policyholder had knowingly concealed such information before repudiating a claim.
