SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

Personal Finance News

The Economic Times

Personal Finance / The Economic Times

details

Missed claim deadline? Reimbursement still possible

A Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 90-day deadline. The court invoked Section 28 of the Contract Act, deeming such clauses void. This judgment emphasizes that genuine claims should be assessed on merits, not technical procedural delays, aligning with IRDAI's fair claims philosophy.

11 May 2026 6:30 am