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View Full Version : ‘Pay and recover’ is the norm in case of third-party liability on insurer



IndiaInsurance
9th February 2013, 10:58 PM
It is an established principle of third-party insurance that the insurance company will have to honour the claim of the road accident victim even if the insured was remiss in not honouring the ter...

More... (http://www.thehindubusinessline.com/industry-and-economy/banking/pay-and-recover-is-the-norm-in-case-of-thirdparty-liability-on-insurer/article4386551.ece)