Rejecting the proposal of compensation amount of health insurance by claiming to hide the disease proved costly for SBI Life Insurance Company. The company could not prove its point in the District Consumer Commission. In this case, the Commission has given the decision to the insurance company to pay compensation of Rs 5 lakh and a fine of Rs 10 thousand to the applicant. The joint bench of Commission Chairperson Sujata Jaswal, members Alok Kumar Dubey and Seema Golcha issued the order. jagdalpur
chhattisgarh news The Commission also said that the insurer has to assess the potential risks. The insurer cannot reject the mediclaim by alleging pre-existing disease.
Where the insurance policy was issued after considering the necessary medical records and usually the authorized doctor of the insurance company examines the policyholder to assess the fitness and the insurance policy is issued only after full satisfaction. For this, the insurance company has also been punished with a fine of Rs 10 thousand. chhattisgarh
