Top Law News Rejection of claim on”fanciful ground” costs LIC Rs 4L July 17, 2012 by Legal India Admin | Leave a Comment A consumer court has directed the LIC to pay Rs 4L as LIC has rejected a claim of a widow, a life insurance policy holder, on her husband’s death on a “fanciful ground”. The New Delhi District Consumer Disputes Redressal Forum ordered the Life Insurance Corporation of India (LIC) to pay the compensation while condemning […] Read more ยป consumer court insurance policy holder rights LIC LIC liability to pay insurance amount Life Insurance Corporation of India New Delhi District Consumer Disputes Redressal Forum rejection of claim on fanviful ground