Mumbai Commission Fines Insurance

The Mumbai Consumer Commission has taken a strong stance against New India Assurance for not disclosing the cataract claim cap to a policyholder. *Key points of the case include*:
- The policyholder had undergone cataract surgery and claimed the amount from New India Assurance.
- The insurance company had not disclosed the cataract claim cap to the policyholder.
- The commission has ordered the insurance company to pay the balance amount with interest to the policyholder.
The commission's order is a significant win for consumers who have been affected by such practices. *Insurance companies are required to disclose all terms and conditions of a policy to the policyholder*, including any claim caps or limits.