Case Law Details
Case Name : United India Insurance CO. ltd. Vs Levis Strauss (India) Pvt. Ltd. (Supreme Court of India)
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Courts :
Supreme Court of India
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United India Insurance Co. Ltd. Vs Levis Strauss (India) Pvt. Ltd. (Supreme Court)
THE APEX COURT HELD THAT-In Case Of Specific Risks, such as those arising from loss due to fire etc. , the Insured Cannot profit and take advantage by double Insurance.
“Double Insurance”, is a scenario where an entity seeks to cover risks for the same or similar incidents through two different overlapping policies.
The Top Court made this obse
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