There have been numerous cases in the courts which deal with the issue of insurance scheme and policies. In most of the cases the problem is with regards to the terms and conditions of the agreement, as the aggrieved party claims that the insurance companies defrauded them by not laying down the conditions in an explicit manner. Though it can be argued that the insurance companies are at fault, and they should be held liable to compensate, but again an important question arises that should the party opting for the insurance policy be discharged from all the liabilities? A similar type of case appeared before the supreme court of India in the year 2020 where the courts had to decide that whether the insurance companies were liable to pay as per the terms and conditions laid down in the agreement. This case analysis will deal with some important issues pertaining to compensation, liability etc. of the insurance company towards the insured.
