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United India Insurance News

Unrealistic demand of insurer cannot be enforced
Conditions of a contract are ordinarily binding on the parties. Sometimes, however, policies contain a stipulation which is unrealistic and cannot be enforced. Pune’s Mehta Jewellers had a Jeweller’s Block Policy issued by National Insurance (coverage of Rs 31 lakh). The policy covered the risk of burglary of ornaments kept in the shop. In June 2007, the shop was burgled and ornaments worth
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