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Plea to use unclaimed insurance money: HC seeks govt's reply

Last Updated: Sunday, February 10, 2013, 12:52

The Delhi High Court has asked the Centre to respond to a plea seeking direction to set up a mechanism for "utilising" unclaimed insurance money lying with various companies.

`Negligent policy holder can`t claim insurance money`

Last Updated: Wednesday, June 16, 2010, 20:34

The insurance company is not liable to pay the claim if a policy holder is negligent and careless in dealing with valuable items.