Consumer body orders insurance firm to pay Rs 25.61 lakh to power company over ‘theft’

The Delhi State Consumer Commission has ordered National Insurance Company Ltd to pay Rs 25.61 lakh to a power transmission company after finding that the insurer's delay in reporting a theft of power-transmission project material was not sufficient to reject the insurance claim. The theft, involving material spread across a 215-km project, was reported to the police and the insurer on March 30 and April 1, 2017, respectively.

The commission found that the insurer had violated the policy condition requiring immediate notification of theft and ordered the company to pay the claim, along with compensation and litigation costs.

Brief written by urgent.news from The Indian Express's own syndicated text. Machine-written — may contain errors; check the original before relying on it.