The Economic Times

Tata AIG rejects mediclaim saying policyholder hid a disease: Court says 'insurance companies are only interested in premiums'; orders insurer to pay over Rs 60K

Tata AIG ordered compensation: A consumer court in Haryana has directed Tata AIG to pay a policyholder after finding the insurer wrongly rejected his mediclaim over an alleged pre-existing illness. The commission ruled Tata AIG failed to back its allegations with legally admissible evidence and awarded Rs 40,246 along with 9% annual interest and Rs 20,000 compensation.