Flood & Inundation’ insurance includes damage by heavy rains: SC

Oriental Insurance Company Limited Vs J.K. Cement Works (Supreme Court of India) Coverage of ‘Flood & Inundation’ insurance includes damage caused by heavy rains and not just overflowing of river Summary: Flood insurance covers damage from heavy rain, not just overflowing rivers, as per a 2020 Supreme Court of India ruling. This decision stems from a case involving J.K. Cement Works, which had an insurance policy covering “Flood and Inundation” for its coal stock. In August 2003, heavy rains in Rajasthan caused some of the coal to be washed away. The Oriental Insura...