Page 50 - Insurance Times November 2018
P. 50

h  hand  itt n discha    summa y that  as unsi n d
                                                                e   a e    e        a e        u a ce  ec
          m ntion d that sh   as su    in    om  h umatic h a t
          dis as  sinc     y a s   o th  insu    sou ht a cla i ication   THE I       E TI E
           h  hos ital    li d that th  ailm nt  as in   ist nc  sinc    i e    ea  M       Ma a i e       u a ce i     ia
          si  to  i ht months as c  ti i d by th  t  atin  docto s    o  r                  Sc
                                                                  i    nsu anc                  a
            s it  th  cla i ication  not only did th  insu       udiat      on  i    nsu anc       a
                                                                  is   ana  m nt    a  ty       a
          th  claim   but  it    n  t  minat d on  th    olicy on  th
                                                                  onsum  s
            ound o  non disclosu   o         istin   h umatic h a t
                                                                                     Subscr b
          dis as   o     y a s   ha ma th n a   oach d th   umbai
           ubu ban   ist ict   o um    hich acc  t d  th   insu    s

          stand  but m   ly a a d d a    und o  th     mium  o  th
            mainin  t nu   o  th  canc ll d  olicy
                                                                       nta             ubsc i tion  o
                                                                    s
           ha ma a   al d to th   aha asht a  tat   ommission    a   o     cuti
              oint d out that his moth   had b  n sub  ct d to a     ignation
          com l t  ch c u  b  o   issuin  th   olicy   o h a t ail
                                                                o  an     a
          m nt  as  ound du in  th  m dical   amination  and th
                                                                  r
           olicy  as issu d a t   asc  tainin  h   h alth condition
             a  u d that   lianc   as   on ly  lac d on an unsi n d  Pinco
          discha    ca d d s it  th  co   ct  acts ha   b  n c  ti   P on               o i
           i d and communicat d by th  t  atin  docto s and th
                                                                a                        ai
          hos ital
                                                               Pu  ication  r  r
                                                                Sc       t                  o o   o i
           h   ommission obs    d both insu anc  is a cont act
                                                                    s    n  on     s      n                 1      1 o  Co  o   1
           ui in   utmost  ood  aith   h  c u  o  th  dis ut    as
                                                               P rio  o  Su  cri tion    ro      to
           h th   o  not  ha ma s moth   had  no l d   o   h u
          matic h a t dis as    t not d that th  insu anc  com any s    tai   o   a   nt    a                 u    o
          stand  as bas d on an unsi n d hand  itt n docum nt
           hich did not ha   any auth ntication   h     as not an
                                                                t               ra n
          iota o    id nc  to sho  that  h umatic h a t dis as   as
                                                                Ordinar      i   r d          a    i
                istin
                                                                  r      a i n           a   add            ard   an    ar
                                                               O    a i n         a      d in    r   i i    n         ar    a
           cco din ly  by its o d   o   u ust           d li    d by      i a      r  a a    a    r
             ada    o  th    nch alon   ith  ustic       han al
                                                                   n    a   an   a    a   n
          th   aha asht a  tat   ommission conclud d that th         r     ri  i n       rna     i na  r         ri  r
           udiation o  th  claim  as not  usti i d   t s t asid  th
                                                                           a     ar and   nd i  a  n   i      r      r
           o um s o d   and di  ct d th  insu    to s ttl  th  claim
          by  ayin   s          alon   ith       c nt int   st
                                                                             o   o   Pa   nt
                                                                   ayabl  at      h  u    mand   a t  a ou in  Sa  i Pu  ication
            tim  limit o  th    months  as  i  n  o  com lianc   and
                                                                  Pri at   i it     ayabl  at  ol ata
          in cas  o  d lay  th  int   st  ould stand hi  d to
                                                                   ou can di  ctly        osit cash in ou  ban  account numb
          c nt  o  th     iod o  d lay   n addition  a com  nsation o   b lo  in you  city and s nd us co y o   ay in sli  by  mail  a
           s           as a a d d  o  m ntal a ony and ha ass          a      Sa  i Pu  ication  Pri at   i it
          m nt  to b   aid  ithin th    months  o  alon   ith              o
                                                                   ank        ank o   n ia
          c nt  int   st  i   d lay d     sid s   liti ation  costs  o   s
                                                                   ranc             oa   ranc     o kata   n ia
                      also a a d d     th  insu     all   s that a    S   o
          dis as   as       istin   it must   oduc  co  nt   id nc    ak   n in  Pa   nt     r  it  ar     it  ar  or  our n t  anking
                                                               account at our     it       a  i u  ication  co
          in su  o t   ls  th  claim has to b   aid
              Th             T
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