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View Full Version : Fraud claims leave life insurers in a fix - Business Standard



FraudNews
08-06-2016, 04:58 PM
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Business Standard (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHvn4mn4ZhVFv_zuvaAbHrc_oYl_g&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=NhemV5CPFcaf3wH0kKqwAw&url=http://www.business-standard.com/article/finance/fraud-claims-leave-life-insurers-in-a-fix-116080401353_1.html)


Fraud claims leave life insurers in a fix (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHvn4mn4ZhVFv_zuvaAbHrc_oYl_g&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=NhemV5CPFcaf3wH0kKqwAw&url=http://www.business-standard.com/article/finance/fraud-claims-leave-life-insurers-in-a-fix-116080401353_1.html)
Business Standard
The claim has to be paid even if a fraud has been detected. Under the earlier provision of the Insurance Act, 1938, no life insurance policy could be called into question on grounds of mis-statement or wrong disclosure, after two years of the policy ...

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