Pay Rs 2.5 lakh fine to dad of daughter with special needs, NCDRC to LIC

The apex consumer commission, NCDRC, has imposed a cost olf Rs 2.5 lakh LIC, and has directed it to pay the amount over and above the insured sum of Rs 1 lakh with 9% annual interest to a father and his mentally challenged daughter. The Commission has come down heavily on the LIC for its adamant “mechanical decision-making without application of mind” while refusing to pay the assured amount.

The apex consumer commission, NCDRC, has imposed a cost olf Rs 2.5 lakh LIC, and has directed it to pay the amount over and above the insured sum of Rs 1 lakh with 9% annual interest to a father and his mentally challenged daughter. The Commission has come down heavily on the LIC for its adamant “mechanical decision-making without application of mind” while refusing to pay the assured amount. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/2ZgFdOw
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Pay Rs 2.5 lakh fine to dad of daughter with special needs, NCDRC to LIC Pay Rs 2.5 lakh fine to dad of daughter with special needs, NCDRC to LIC Reviewed by Krishblog on July 11, 2020 Rating: 5

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