My friend had died in an accident. He had personal loan from a private bank and same had been insured under accidental death. But the insurance company had closed the case due to absence of postmortem report and FIR. There is no guarantor for loan. Now question is who is legally liable to pay loan, his wife and minor children or his parents or the bank is responsible itself. Can they file case against insurance company and where and is there any chance to win it? will the bank impose more interest if it is not paid?
