Insurance Law, Insurer's Burden To Prove Insured Suppressed Material Facts : Supreme Court
In a significant judgment, the Supreme Court of India has directed an insurance company to honor an insurance claim amounting to Rs. 7,50,000/- and Rs. 9,60,000/-, with 7% interest per annum. The case revolves around the interpretation of Sections 101, 102, 103, and 106 of the Evidence Act, 1872 and the principle of contra proferentem. The dispute arose from the denial of an insurance claim following the demise of the…