Silence Cannot Be Taken As Agreement In Insurance Proposals: NCDRC

SBI Life Insurance Company Ltd Vs Hemangi & 2 Ors (NCDRC Delhi)

The National Consumer Disputes Redressal Commission (NCDRC) has ruled in favor of SBI Life Insurance Company Ltd., setting aside a State Commission order that had directed the insurer to pay a claim to the family of the deceased, Rohit Vaid. The NCDRC’s decision, based on the fundamental principles of insurance law, held that no valid insurance contract was ever formed. The late husband of the respondent, Rohit Vaid, had applied for a life insurance policy, and his bank, the State Bank

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