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Firm told to pay Rs 25,000 to senior citizen
A consumer court has directed a city-based life insurance company to pay insurance premium worth Rs 25,000 to a senior citizen, along with Rs 15,000 compensation and litigation charges worth Rs 3,000. Vimal Chander Joshi reports.
Updated on: Jun 11, 2011, 24:49:46 IST
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A consumer court has directed a city-based life insurance company to pay insurance premium worth Rs 25,000 to a senior citizen, along with Rs 15,000 compensation and litigation charges worth Rs 3,000.
The company was found guilty of unfair trade and practices, which include fudging its client 67-year-old JN Malik’s signature and other details, to gain higher premium. Besides, it used fraudulent means to insure his daughter Mrinalini, 40.
In his complaint, Malik has contended that he made the payment by sending a cheque of R25,000 to the company to insure his life and not of his daughter’s.
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