Delay in Intimating About Theft to Insurance Company Not Fatal if FIR was Lodged Immediately, Rules SC-Know More

the Supreme Court ruled that it cannot repudiate a claim because there was a delay in intimating the insurance company regarding the occurrence of theft if the FIR was lodged immediately.

The court relied on Gurshinder Singh vs Shriram General Insurance Company Ltd wherein it was held that when an insured lodges FIR immediately after the theft of the vehicle and where the police’s report states that the vehicle is untraceable and if the insurance company’s surveyors believe that the claim is genuine, then a mere delay in informing the insurance company cannot be a ground to deny the claim.

Therefore, the court allowed the appeal

Judgment- Jaina Construction Company vs Oriental Insurance Company Ltd.

Source: www.lawtrend.in