LIC, MCD directed to pay Rs 4.8 lakh claim, Rs 40,000 compensation

Quick Summary:

The central Delhi consumer disputes redressal forum has directed the Life Insurance Corporation (LIC) and Municipal Corporation of Delhi (MCD) to pay a claim amount of Rs 4.8 lakh to the wife and daughter of a deceased cleaning staff of the civic body, along with a compensation of Rs 40,000, for causing them sufferings, harassment and mental agony.

The forum comprising President Inder Jeet Singh and member Rashmi Bansal was hearing a complaint filed by the wife and daughter of a deceased safai karamchari, who alleged deficiency in service by the LIC for rejecting their claims.

Rejecting the LIC's argument that the policies had lapsed, the forum also observed that the contract to deduct the premium amount from the salary and then remit it to the insurer was between the MCD and the LIC and the employee was unaware of the non-deduction of the said amount.

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Category: BusinessFinance

Markets: India

Topics: Compensation claim LIC Consumer forum MCD

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 21:27:15 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 724 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23158041

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