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Time of India
2 days ago
- Health
- Time of India
Insurance battle ends: 5 years after husband's death; Hyderabad woman wins Rs 50 lakh claim
HYDERABAD: What began as a family's financial safeguard turned into a bitter legal battle after an insurer refused to honour a life insurance claim. Now, nearly five years after her husband's death, a Hyderabad woman has won. The Telangana State Consumer Disputes Redressal Commission has ordered an insurance company to pay her Rs 50 lakh sum assured, plus compensation and interest, for wrongfully denying claim. The story unfolded when a complaint was filed by V Thara, who was left to fend for herself and her three kids following demise of her husband, Vallepu Venugopal, in Aug 2019. Venugopal took an insurance policy in Nov 2018, with a sum assured of Rs 50 lakh. Thara was named as the nominee. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Following her husband's death due to sudden cardiac arrest, Thara submitted a death claim to insurance company. However, the claim was repudiated on Nov 26, 2019. The insurer argued that Venugopal failed to disclose a pre-existing illness, Chronic Kidney Disease (CKD), and was undergoing dialysis. When the commission began the trial, it found several flaws in the insurer's arguments. Firstly, there was no evidence to show that Venugopal was diagnosed with or treated for chronic kidney disease before the date of policy issuance. The insurer did not conduct any pre-policy medical examination, which it had right and opportunity to do. Medical records produced during the hearing showed that Venugopal died due to sudden cardiac arrest. There was no documentation showing a diagnosis of CKD or ongoing dialysis treatment at the time policy was taken. The commission stated that the insurance company's refusal to settle the claim lacked merit and amounted to a deficiency in service and unfair trade practice. "The insurer should pay Rs 50 lakh with 9% interest per annum from Nov 26, 2019. Additionally, Rs 2 lakh was awarded as compensation for mental agony, and Rs 25,000 was granted as litigation costs," the court order read.
Time of India
2 days ago
- Health
- Time of India
25-year-old plea: Telangana HC orders land dispute disposal; sets 3-month deadline
HYDERABAD: What began as a family's financial safeguard turned into a bitter legal battle after an insurer refused to honour a life insurance claim. Now, nearly five years after her husband's death, a Hyderabad woman has won. The Telangana State Consumer Disputes Redressal Commission has ordered an insurance company to pay her Rs 50 lakh sum assured, plus compensation and interest, for wrongfully denying claim. The story unfolded when a complaint was filed by V Thara, who was left to fend for herself and her three kids following demise of her husband, Vallepu Venugopal, in Aug 2019. Venugopal took an insurance policy in Nov 2018, with a sum assured of Rs 50 lakh. Thara was named as the nominee. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Following her husband's death due to sudden cardiac arrest, Thara submitted a death claim to insurance company. However, the claim was repudiated on Nov 26, 2019. The insurer argued that Venugopal failed to disclose a pre-existing illness, Chronic Kidney Disease (CKD), and was undergoing dialysis. When the commission began the trial, it found several flaws in the insurer's arguments. Firstly, there was no evidence to show that Venugopal was diagnosed with or treated for chronic kidney disease before the date of policy issuance. The insurer did not conduct any pre-policy medical examination, which it had right and opportunity to do. Medical records produced during the hearing showed that Venugopal died due to sudden cardiac arrest. There was no documentation showing a diagnosis of CKD or ongoing dialysis treatment at the time policy was taken. The commission stated that the insurance company's refusal to settle the claim lacked merit and amounted to a deficiency in service and unfair trade practice. 'The insurer should pay Rs 50 lakh with 9% interest per annum from Nov 26, 2019. Additionally, Rs 2 lakh was awarded as compensation for mental agony, and Rs 25,000 was granted as litigation costs,' the court order read.
India Gazette
20-06-2025
- Business
- India Gazette
"Ward-level accountability is key...": MoHUA Additional Secy D Thara
New Delhi [India], June 20 (ANI): As India braces for an influx of 70 million new urban residents over the next two decades, government officials and industry leaders are calling for a strategic pivot in the country's urban development narrative--from rebuilding to revitalisation. 'Infrastructure must be delivered--if the private sector can do it better, let them,' said D Thara, Additional Secretary, Ministry of Housing and Urban Affairs, said. She was delivering the keynote address at a CII conference on Exploring Urban Dynamics: Outlook 2030' held in the capital on Friday. There is a disconnect between India's economic ambitions and the capacities of its urban local bodies, Thara said, urging the private sector to be proactively engaged in the urban development of the country. This becomes even more important as urban India is set to see an estimated 70 million new urban residents in the next two decades by 2045. This poses challenges and opportunities as the country will see the creation of many more cities, calling for a pragmatic, revitalisation-first approach to urban development. She underlined the need for targeted interventions to upgrade existing cities, backed by significant investment. The proposed Urban Challenge Fund, she explained, is intended to catalyse this transformation with a mix of 25 per cent public sector seed funding, 50 per cent market capital, and 25 per cent state contribution. 'It's not about building afresh,' she said, 'it's about fixing what already exists--legacy infrastructure, greenfield areas, and urban governance systems.' Prasad Gadkari, Executive Director & Chief Strategy Officer at NIIF, echoed the importance of enabling frameworks to unlock capital. 'A robust pipeline of projects, predictable revenue streams, and standardised bidding processes are essential,' he said, noting NIIF's readiness to back urban infrastructure initiatives through scalable public-private partnerships. Abedalrazq Khalil, Practice Manager for Urban and Land at the World Bank, placed India's urbanisation in global perspective. 'By 2050, 800 million people are expected to live in Indian cities. Cities must be enablers of growth--but many are not yet ready.' He emphasised the need for integrated planning and livability as critical to attracting private investment. Transport integration also featured prominently, with the Regional Rapid Transit System (RRTS) cited as a model for enabling distributed urban employment. In-situ slum redevelopment and smaller-scale, private-led urban initiatives were also discussed as vital components of revitalisation. The conversation repeatedly returned to the need for local capacity. 'Ward-level accountability is key,' said Thara, pointing to the need for institutional support to empower smaller municipalities to tap funds such as those managed by NIIF. Regulatory enablers, including those supporting Transit-Oriented Development and flexible work models, were also cited as tools for urban regeneration. Sriram Khattar, Co-Chair, CII National Committee on Real Estate and Housing, noted that urban PPPs, once uncertain, have now gained credibility. Dr Debolina Kundu, Director of NIUA, added that effective urban governance, capacity building, and low-carbon infrastructure would be essential pillars of India's urban strategy to 2050. (ANI)
