Case Law Analysis
|Madhya Pradesh High Court
Insurer Liability Capped at Rs 1 Lakh per Passenger under Comprehensive Policy | Motor Accident Compensation : MP HC (Indore)
The Indore Bench of the Madhya Pradesh High Court affirmed that an insurer's liability under a comprehensive motor insurance policy is limited to Rs 1 lakh per passenger, even when higher compensation is awarded. It raised the total compensation to Rs 37.62 lakh, emphasizing that policy terms prevail over IRDA circulars. This ruling impacts insurers and claimants in motor accident claims across the state.