Reliance General Asked To Pay Rs 1lac Compensation For Repudiating A Claim

The Thane District Consumer Redressal Forum has ordered the Reliance General Insurance Company, a part of Anil Ambani's-led Reliance Capital, to pay a compensation amount of Rs 1 lac, besides medical claim of Rs 3 lac to a Bhayander resident Arvind Chhaganlal Jain.

Arvind Chhaganlal Jain, in his complaint to the forum said that he had taken a medical insurance policy of sum insured Rs 3 lac from a private insurance firm Reliance General Insurance in March 2009.Soon after, Jain suffered a cardiac problem and was advised to undergo a bypass surgery. He then sought the insurance amount under the policy. The insurer rejected the claim alleging the policyholder of hiding the disease at the time of taking the policy.

Then, Jain moved to the forum and demanded Rs 3.69 lac with 18 % interest and Rs 50,000 towards compensation and Rs 15,000 as legal expenses.

In its order, the forum president Umesh Jhavalalikar and member N D Kadam directed the insurer Reliance General and the claim settler Medi Assist to pay claim amount of Rs 3 lac to the complainant, besides Rs 1 lac towards compensation.

Source: http://www.insuringindia.com