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Definition of Consumer includes beneficiaries even if they are not parties to contract of Insurance

Definition of Consumer includes beneficiaries even if they are not parties to contract of Insurance Dismissing the appeal filed by Insurance company, the Supreme Court held that the insurance company under the insurance policy is liable to indemnify the cold store with regard to the value of goods and since the farmers are the beneficiaries, they are entitled to get the amount payable under the policy.
The Supreme Court also held that the definition of ‘consumer’ includes beneficiaries who can take benefit of the insurance availed by the insured. Consumer Protection Act clearly provides that a beneficiary of the services, other than the insured is a consumer under the Act.

Insurance

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