Showing posts with label double insurance. Show all posts
Showing posts with label double insurance. Show all posts

Sunday, 3 July 2022

SC: In case of overlapping policies, Courts should adopt a careful approach in considering policy which seeks to exclude liability on part of the insurer

 What is in issue in this present case has been characterized as “double insurance”, i.e., where an entity seeks to cover risks for the same or similar incidents through two different - overlapping policies. There is a wealth of international jurisprudence on the various nuances of double insurance. Such double insurance is per se not frowned upon in law. The courts however, adopt a

careful approach in considering policies which seeks to exclude liability on the part of the insurer. {Para 45}

REPORTABLE

IN THE SUPREME COURT OF INDIA

CIVIL APPELLATE JURISDICTION

CIVIL APPEAL NO. 2955 OF 2022

UNITED INDIA INSURANCE CO. LTD. Vs LEVIS STRAUSS (INDIA) PVT. LTD.

Author: S. RAVINDRA BHAT, J.

Dated: MAY 02, 2022.

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