Page 11 - Suri’s - NCDRC ON LIFE INSURANCE 2017 V1.3

Suri’s - NCDRC ON LIFE INSURANCE 2017 11

must be absolute and unqualified; it may be expressed in some usual and reasonable
manner unless the proposal prescribes the manner in which it is to be accepted. Per-
formance of a condition of the proposal or the acceptance of any consideration also
tantamounts to an acceptance.‖
13. It has been held by the Hon‘ble Delhi High Court that the acceptance must
be absolute and unqualified and it may be expressed in some usual and reasonable
manner. It is further held that the performance of a condition of the proposal or the
acceptance of any consideration also tantamount to an acceptance. In our opinion, the
view taken in this case does not help the petitioner, because in the present case, the
matter was under consideration of the competent authority of the LIC, as to whether
the proposal should be accepted or not. The mere acceptance of a part amount does
not amount to acceptance of the proposal.

14. Considering the entire facts and circumstances of the case, therefore, we
find that there is no ground to agree to the contention raised by the petitioner and im-
pugned order passed by the State Commission is based on logical reasoning and cor-
rect analysis of the facts of the case. This revision petition is, therefore, ordered to be
rejected and the order passed by the State Commission upheld. There shall be no or-
der as to costs.

......................
DR. B.C. GUPTA
PRESIDING MEMBER
......................
DR. S.M. KANTIKAR
MEMBER

INDEX