Date of Loss: 30th August 2003
Supreme Court Judgement: 28th Jan 2020.
Delay, Deny, Defend-Why Insurance Companies don’t pay claims: A book which is in news recently.
Does this criticism apply to Indian Insurance Industry? Being part of this industry, my answer is an Unequivocal NO. I have seen hundreds of examples where policy interpretation has been done in favor of insured and claim paid rather than any attempt to deny and force the insured to fight it out legally.
Is it possible that an aggrieved insurance buyer in India starts believing the views in the above-mentioned book?
