Monday, September 19, 2011

Factor in ground realties in rural insurance policy: NCDRC

Dear Comrades,

New Delhi, Sep 19 (PTI) Censuring the functioning of the postal department that dithered to disburse life insurance claim of a villager, the country''s apex consumer panel has asked India Post to factor in rural realties while framing rules for Rural Postal Life Insurance policy.
The National Consumer Disputes Redressal Commission ticked off India Post while ordering it to pay Rs 50,000 to the kin of B Anjaneyulu of Kurnool in Andhra Pradesh who had bought the policy in 1997 after paying the requisite premium but was never informed till his death a year later if his policy was accepted.
"We hope that in running the Rural Postal Life Insurance scheme, the Department of Posts would take into account the ground realities of rural India, frame rules and regulations which are transparent and equitable," said an NCDRC bench of Justice R K Batta.
The rules must "also ensure that the basic terms and conditions of the policies and decisions regarding acceptance or rejection of the proposals are conveyed to the proposer within reasonable period and in words which are easily understood by the rural population," the bench said.
The NCDRC passed the order on a plea by Kurnool resident N Venkateswalu, who was the nominee in the rural life insurance police bought by Anjaneyulu after duly paying its first premium of Rs 208, but no further premium could be paid as it was not told to them, till the policy holder''s death, if it was accepted or rejected.
19/09/2011 MSN INDIA
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