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Suri’s - NCDRC ON LIFE INSURANCE 2017 69
Free Look Period - Request for cancellation and refund of the premium paid
was sent after the free look period, as such the policy could not be cancelled as per
the IRDA regulations and also as per the terms of the policy contract.
NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION
NEW DELHI
REVISION PETITION NO. 3280 OF 2016
(Against the Order dated 16/03/2016 in Appeal No. 137/2015 of the State Com-
mission Delhi)
1. RAJ KUMAR GUPTA
R/O. 385, NARMADA APARTMENTS,
ALAKNANDA,
NEW DELHI-110019 ...........Petitioner(s)
Versus
1. M/S. IDBI FEDRAL LIFE INSURANCE
CO. LTD.
NO. 907 & 908, PLOT NO. 18, 9TH FLOOR,
KANCHANJUNGA BUILDING, BA-
RAKHAMBA ROAD, CONNAUGHT PLACE,
NEW DELHI-110001 ...........Respondent(s)
BE-
FORE:
HON'BLE MRS. REKHA GUPTA,PRESIDING MEMBER
For the Peti- Mr Narender Singh, Advocate along
tioner : with
Petitioner - IN PERSON
For the Respondent :
Dated : 21 Aug 2017
ORDER
REKHA GUPTA, PRESIDING MEMBER
The present revision petition has been filed against the judgment dated
16.03.2016 of the Delhi State Consumer Disputes Redressal Commission, Delhi (‗the
State Commission‘) in First Appeal no. 137 of 2015.
2. The facts of the case as per the petitioner/ complainant are that the petitioner
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