Supreme Court Allows Appellant in Life Insurance Dispute Due to Policy Lapse and Non-Payment of Premium. The court found that the revival of the policy was not valid as it was not communicated and approved by the Corporation....
The dispute arose from a life insurance policy taken by Karan Singh Chandel, who was insured for Rs.1,50,000 with an annual premium of Rs.12,821. The policy was initiated on 28.3.1994, but the premium...




