Mere Insurance Proposal Does Not Amount To Acceptance Even If Initial Premium Is Paid, Solan District Commission Dismisses Complaint Against PNB Metlife LIC Ltd.

Mere Insurance Proposal Does Not Amount To Acceptance Even If Initial Premium Is Paid, Solan District Commission Dismisses Complaint Against PNB Metlife LIC Ltd.

The District Consumer Disputes Redressal Commission, Solan (Himachal Pradesh) bench comprising D.R. Thakur (President), Vijay Lamba (Member) and Neelam Gupta (Member) dismissed a consumer complaint against PNB Metlife LIC Ltd. The bench observed that the insurance company received the premium. However, the acceptance of the insurance policy was not conveyed to the insured. Therefore,…The District Consumer Disputes Redressal Commission, Solan (Himachal Pradesh) bench comprising D.R. …
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Source: https://www.livelaw.in/amp/consumer-cases/solan-district-commission-pnb-metlife-lic-ltd-insurance-proposal-acceptance-premium-dismisses-complaint-255816