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Q. Loss of job

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Anonymous

posted 1 year ago

Q.Loss of job
Hi,
i have a ICICILombard Personal loan insurance and i recently resign from job due to some personal reason and unable to pay the EMI of personal loan, then i approach the ICICILomb ( due to they cover 3 EMI's in the loss of job condition ) . i submit the all papers , but they rejected my claim because personally resign from job is not consider as Loss of job( clause available in Policy ) , please advice , can i go for legal action or not

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niranjan e

Experience: 7 Year(s)

Responded 1 year ago

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A. ) 1. The clause mentioned on ICICI lombard PL insurance agreement is unilateral and can not be considered by the court of law.

2. I suggest you to issue legal notice.

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Kishan Dutt Kalaskar Retired Judge

Experience: 33 Year(s)

Responded 1 year ago

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A. ) Yes you can take legal action

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Nirmal Chopra

Experience: 20 Year(s)

Responded 1 year ago

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A. ) Consult though Vidhikarya with all documents as opinion given without physical inspection of documents may not be correct opinion.

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