Complaint against Insurance Company maintainable as insurance contract is a indemnity contract

Renuka Multipack Pvt. Ltd. Vs Oriental Insurance Co. Ltd. (National Consumer Disputes Redressal Commission) Conclusion: In present facts of the case, the National Consumer Disputes Redressal Commission have observed that contract of insurance is a contract of indemnity and, therefore, there is no question of commercial purpose in obtaining insurance coverage. Therefore, the complaint against Insurance Company is maintainable. Facts: The Complaint in this case was filed under Section 21(a)(1) of the Consumer Protection Act, 1986 by a Private Limited Company. The Complainant unit got insured by ...