Order to pay the medical claim amount with interest to the widow of the businessman who died in Corona Order to pay the medical claim amount with interest to the widow of the businessman who died in Corona

Gandhinagar Consumer Disputes Redressal Commission Judge D.T. DCB Bank Ltd. to waive the outstanding loan amount of 69.82 lakhs after the death of the deceased trader by Sony and pay the loan installment amount of 24 lakhs with interest of 7% after the death of the trader. has ordered. Not only this, but ICICI Lombard General Insurance Company Limited has been ordered to pay the medical illness insurance amount of Rs 4,23,170 with 9 percent interest to the widow of the businessman who died of a heart attack due to Corona.

24 lakhs ordered to repay the recovered loan amount with 7% interest
According to this order, the amount has been urged to be paid within 30 days. In case of failure, this amount will have to be paid with 11 percent interest, a historic judgment has been given. Apart from this, the client has also been ordered to pay Rs 40,000 as mental torture and Rs 15,000 as legal expenses separately. Taking into account the judgments of IRDA and High Court and Supreme Court, the Commission has given a historic judgment in favor of the consumer. With this ruling, the complainant customer will have to pay the amount paid under the business loan along with interest by the bank and will be exempted from paying the outstanding loan installments. Also the insurance company has to pay the amount to the insured. Thus, the bank as well as the insurance company will have to pay an amount of 1 crore to the complainant customer.

Historic judgment of Consumer Disputes Redressal Commission, Gandhinagar
Jayeshbhai K. was living at Koba in Gandhinagar. Gurjar took a loan of 80,00,000 on 30-6-2017 by mortgaging two properties from DCB Bank for commercial purpose. On the instructions of the bank and the insurance company, he took both the MRTA (Mortgage Redemption Term Assuance) policy and the life insurance policy on the same date. He was also paying a premium of 50 thousand under that. The bank used to collect installments of recovery loans by deducting them from the account. Meanwhile, on 19-5-2021, insurance holder Jayesh died due to a heart attack during treatment in the hospital during Corona. So Sarlaben Gurjar, the widow of the deceased, filed an application demanding the insurance company and the bank to provide the benefits under the policy. But the insurance company refused to pay the sum insured considering the death of the deceased as a major medical illness.

Filed a case in consumer protection court
MRTA The policy and life insurance policy did not provide the benefits available. So Sarlaben filed a case in the Consumer Protection Court through Suchitra Pal, president of the Foundation of Consumer Protection – Consumer Satyagraha – Consumer Revolution. During the hearing of this case, despite accepting the summons issued by the Commission, no representative from the bank was present nor did they file a reply. While the representative present from ICICI Lombard General Insurance Company Limited replied that they have not received the Rs 50,000 shown as insurance premium in the bank statement. And prepared to give an affidavit that the statement of the bank has been wrongly stated.

An application was filed demanding to be given the benefit due
​​​​​​​But after failing to submit reply or affidavit in time, MRTA sought details of policy issued by Consumer Disputes Redressal Commission against 50 thousand premium. A copy of the policy was submitted along with the written argument. On the other hand, on this issue, Suchitra Pal, President of Consumer Protection – Consumer Satyagraha – Consumer Revolution said that on the one hand, it was stated by the insurance company that the premium was not received. On the other hand, the details of the policy issued on the same date were presented before the Consumer Disputes Redressal Commission-Gandhinagar. The Commission has also noted it in the judgment. ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​1 Soni Dwar was given the above judgment.