Insurance

PLR

Insurance Policy : Coverage provisions to be interpreted broadly and if there is any ambiguity, the same should be resolved in favour of the insured 

PLR

Insurance  - Bank – Non forwarding of premium in time to the Insurer

PLR

Insurance -  Calculation of claim – When amount not ascertainable  

Insurance  - Non-disclosure of material facts – Proposal form  -  If a column is left blank, the insurance company should have asked the insured to fill in the column - Insurer liable.

Insurance - Voidable  - Never chose to declare the policy void for 3 long years now cannot be permitted to wriggle out of its liability