Insurer flags husband’s ‘inflated’ income, widow gets Rs 1 crore insurance payout
An insurance company in Andhra Pradesh has been ordered to pay Rs 1 crore to the widow of a stone factory owner who died in a road accident, after rejecting her claim over allegations of inflated income. The Andhra Pradesh consumer commission ruled that the insurer failed to prove that the policyholder deliberately misrepresented his income, dismissing the claim as lacking proper justification. The woman, as the nominee, was entitled to the full sum assured of Rs 1 crore as per the insurance policy terms.
Written by urgent.news from The Indian Express's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
