Case Law Analysis
|Punjab and Haryana High Court
IRDAI 48-Month Rule | Insurer Must Prove Pre-Existing Disease Within Policy Period or Forfeit Claim: Punjab SCDRC
Punjab State Consumer Disputes Redressal Commission rules that insurers cannot repudiate life insurance claims based on pre-existing diseases unless proven within 48 months of policy issuance, as mandated by IRDAI. The ruling sets a critical precedent for consumer protection, shifting the burden of proof squarely onto insurers in material concealment disputes.