Supreme Court · 2007 INSC 1166 · Decided 20 November 2007
P.C. Chacko and ANR. v. Chairman, Life Insurance Corporation of India and ORS.
- Court
- Supreme Court of India
- Citation
- 2007 INSC 1166 · [2007] 12 S.C.R. 352
- Case number
- CIVIL APPEAL No. 5322/2007
- Decided
- 20 November 2007
- Bench
- S.B. SINHA, H.S. BEDI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 12
Headnote
Insurance Act, 1938: c s. 45-Life Insurance policy-Non-disclosure and mis-statement in proposal form-Repudiation of policy within two years-Legality of-HELD: A deliberate wrong answer which has a great bearing on contract of insurance, if discovered, may lead to the policy being vitiated in law-On D contract of insurance was not done by insurer with extreme care and caution or was otherwise invalid in law. - One 'C' took an insurance policy on 21.2.1987. He died on E 6. 7.1987. The claim of his nominees, the appellants, was not acceded to by the respondent-Corporation for non-disclosure and
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