The SC judgment came in the case of Mahaveer Sharma vs Exide Life Insurance Company Ltd, where the insurer had rejected a ...

You buy another life insurance plan (B) without disclosing to them that you are already covered under plan A. In one of its recent verdicts, the Supreme Court of India ruled that this could be valid ...

Does Hiding Existing Policies Lead to Rejection? Yes, let us understand the importance of 25th February 2025 Supreme Court ...

In a recent ruling, the Supreme Court of India reiterated that insurance contracts are based on uberrima fides—utmost good faith. While failure to disclose existing insurance policies could lead to ...

This is the eighth consecutive year in which the company has reported profit, Exide Life Insurance said in a statement. Exide Life's term policy sales jump 200% in April due to COVID-19 ...

It is a life insurance cover and the death of the deceased has ... Commission and the National Consumer Redressal Commission upholding the decision of Exide Life Insurance Co Ltd to deny the claim on ...

Earlier this year, HDFC Life had announced the acquisition of a 100 percent stake in Exide Life from its parent Exide Industries after issuing over 8.7 crore shares at an issue price of Rs 685 and ...