https://www.taxtmi.com/caselaws?id=766618 The SC allowed the appeal in an insurance claim repudiation case. The insurer rejected a claim alleging suppression of material facts regarding the insured's other existing policies. The Court held that non-disclosure of other insurance policies does not constitute material suppression of facts. Since the insurer was aware of the insured's financial capacity through the existing higher sum assured policy with another company, and still chose to issue the policy, the repudiation was improper. The appellant was entitled to policy benefits. en-us Tue, 25 Feb 2025 00:00:00 +0530 Sat, 01 Mar 2025 08:25:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766618 The SC allowed the appeal in an insurance claim repudiation case. The insurer rejected a claim alleging suppression of material facts regarding the insured's other existing policies. The Court held that non-disclosure of other insurance policies does not constitute material suppression of facts. Since the insurer was aware of the insured's financial capacity through the existing higher sum assured policy with another company, and still chose to issue the policy, the repudiation was improper. The appellant was entitled to policy benefits. Case-Laws Indian Laws Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766618