LHC upholds widows’ right to interest on delayed insurance payments

LAHORE: The Lahore High Court (LHC) has upheld the right of widows and legal heirs of deceased policyholders to receive statutory interest on delayed group insurance payments. Justice Raheel Kamran ruled this dismissing four appeals filed by the State Life Insurance Corporation of Pakistan related to insurance disputes dating back to the late 1990s. The cases involved widows and heirs of deceased State Life employees and sales officers whose group insurance claims were initially rejected by t...

By none@none.com (The Newspaper's Staff Reporter)