Apex Court on theft claim repudiation

[Sampath]

Can Insurers repudiate a theft claim for delayed intimation ?? 

Insurance is a contract and in every legal contract, contracting parties are bound by the terms and conditions agreed upon.  :Before you read further, how many vehicles do you own ? – are you sure that insurances are live and have full comprehensive coverage.  Please do check.  

This was an Appeal before the Supreme Court   against the impugned order of 2016 passed by the National Consumer Disputes Redressal Commission, New Delhi (NCDRC).  NCDRC had allowed the revision petition filed by the Insurer- allowing the set aside the order of Dec  2015 passed by the State Consumer Disputes Redressal, Commission, Haryana at Panchkula and the order of Feb 2015  by the District Consumer Disputes Redressal Forum, Gurgaon.  Surprisingly the Insurers appears to have been not represented though notice reportedly was served on them !!  

The precise question for consideration before  Apex Court was : whether the Insurance Company could repudiate the claim in toto, made by the owner of the vehicle, which was duly insured with the insurance company, in case of loss of the vehicle due to theft, merely on the ground that there was a delay in informing the company regarding the theft of vehicle?: Interesting and there are lessons for all concerned   https://www.sampspeak.in/2022/02/apex-court-on-insurers-denying-theft.html