fire insurance policy

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The matter arises out of theft of a Mahindra Bolero vehicle on 21.3.2009. At the time of the theft the vehicle was insured with the revision petitioner IFFCO TOKIO General Insurance Co. Ltd. The claim under the policy was repudiated by the Insurance Co, on the ground that on the day of the theft the vehicle was not registered with the transport authorities. This amounted to violation of the provisions of the Motor Vehicles Act, 1988, which was considered a violation of the terms of the insurance policy by the Insurance Co. 2. The case of the Complainant before the District Forum was that the Insurance Co. had insured the vehicle for a sum of Rs.5,62,400/-, after charging a premium of Rs.20242.77. The insurance was effective from the date of purchase and was in operation when the vehicle was stolen on 21.3.2009.

NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION NEW DELHI                                                             REVISION PETITION NO. 171 OF 2012 (Against the order dated 30.8.2011 in Appeal No.174 of 2011 of the State Commission, Chhattisgarh) IFFCO TOKIO General Ins. Co. Ltd. FAI Building, 10, Shaheed Jeet Singh Marg, Qutub Institutional Area, New Delhi- 110067 And also at Lal Ganga Shopping … Continue reading

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