Supreme Court · 1998 INSC 391 · Decided 9 October 1998
Life Insurance Corporation of India and ANR. v. Shrl Dharam Vir Anand
- Court
- Supreme Court of India
- Citation
- 1998 INSC 391 · [1998] SUPP. 2 S.C.R. 295
- Case number
- CIVIL APPEAL No. 5063/1998
- Decided
- 9 October 1998
- Bench
- M.M. PUNCHHI, G.B. PATTANAIK, AJAY PRAKASH MISRA (3-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Consumer Protection Act
Headnote
B Life insurance-Policy-Exoneration clause-Limited liability of insurer in case of suicide at any time on or after the date on which the risk under the policy has commenced but before the expiry of three years from the date of policy-Option given to insured to date back the policy-Insured opted C entire period­ Suicide committed by assured within three years of the date of Issue of policy-Exoneration clause held applicable-Assured held entitled only to limited claim under the clause and not to entire insurance sum-Held date of policy was date on which policy was issued and not the
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