Rule 24 -- Insurance policy cancelled by financier – Liability of insurance company -- Ld. Single Judge while directing the Insurance Company to make good the loss suffered by the insured/respondent No. 1 granted liberty to claim the amount from the financier -- Rule does not provide that the policy can be cancelled on a request made by the financier of the vehicle -- Nothing on record to suggest that any request was made by the insured to cancel the policy -- Rule further provides that the policy can be cancelled after ensuring that the vehicle is insured elsewhere, at least for Liability Only cover -- Insurance Company had not verified that the vehicle in question has been insured with any other Company and the policy was cancelled only on the request of the financier – Appeal dismissed.

(P&H HC) Decided on : 23.01.2018