Jayanagar 3rd Block East Bangalore-560011, Karnataka India
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Showing 4 case studies in Asset Insurance
₹2.20 Crore Insurance Claim Rejected Over Fraud Allegation
An insurer withdrew an approved ₹2.20 crore piling rig settlement alleging fraud, but the NCDRC found the allegation unproven and ordered payment with interest and costs.
₹25 Lakh Fire Claim Rejected Over Fake Bills
A fire insurance claim was rejected over allegations of fake bills, but the Consumer Commission ordered the insurer to pay ₹5 lakh with interest and compensation.
₹22 Crore Fire Claim Rejected
A ₹22.01 crore fire loss claim was rejected after the Supreme Court held increased turnover exposure was not covered without the required additional premium.
Multi-Crore Fire Insurance Claim Rejected as Fraudulent
Examines fire insurance claim rejection when investigators concluded the fire was intentionally set.
