Mrs. A’s spouse had bought life insurance from RLI in September
2008. However, Mrs. A has taken a life insurance from Max. Life
Insurance on July 2008. This information is not shared with RLI.
After the death of her spouse Mrs. A made a claim under the policy
in February 2009. While RIL was making a decision on this claim,
Max life informed it of the previous insurance. Because Mrs. A has
not revealed this information, RIL rejected her claim. Discuss
compliances related to this case laws. What necessary steps has to
be taken under the provisions of IRDAI under this matter.
Mrs. A’s spouse had bought life insurance from RLI in September 2008. However, Mrs. A has taken a life insurance from Ma
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