CASE STUDY (Third Party Claim) A bus has been insured for the - TopicsExpress

CASE STUDY (Third Party Claim) A bus has been insured for the period April 16, 2004 to April 15, 2005. The owner of the bus paid the premium through cheque on April 14, 2004. Mr Ramesh was travelling on the bus on May 11, 2004 when he fell down from it and died. The insurer cancelled the insurance policy by communication dated May 13, 2004 on the ground of dishonour of the cheque which was received by the owner of the vehicle on May 21, 2004. Is the claim payable?

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