Tata AIG General Insurance Co. Ltd. vs Suraj Kumar 2025 INSC 707 - Motor Accident Compensation - Insurer Liability - Victim's Future Wellbeing
Motor Accident Compensation - SC accepts the contention that as an insurer, the liability is only to indemnify the loss of estate of the insured, that too, in monetary terms, by pecuniary compensation as awarded by the Tribunal - Insurer cannot be required to ensure the future wellbeing, which in any event can be computed in monetary terms and awarded as ‘just compensation’. (Para 3-6)
Supreme Court observed that an Insurance Company cannot be required to ensure the future well being of a victim of motor accident. https://t.co/XyO4kHJ9gR pic.twitter.com/vDANW7jzbi
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