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View Full Version : Full value of stolen vehicle be paid to policy holder: SCDRC



IndiaInsurance
27th June 2010, 12:14 PM
The Delhi State Consumer Commission has held that an insurance company is liable to pay the full value of a stolen vehicle to a policy holder and cannot reduce the amount on account of depreciation.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/Full-value-of-stolen-vehicle-be-paid-to-policy-holder-SCDRC/articleshow/6097251.cms)