LIC has rejected claims for old TB treatment, now...

The Life Insurance Corporation of India (LIC) incurred a significant loss by rejecting the death claim based on a 4-year-old TB treatment. The District Consumer Disputes Redressal Commission (DCC) rejected LIC's argument due to lack of sufficient evidence and ordered that the deceased's wife, Nima Devi, be awarded an insurance amount of ₹5 lakh with 6% annual interest. It also directed that ₹10,000 be paid for mental distress and ₹5,000 for litigation expenses. The complainant's advocate...