HDFC Life Rs50L Minor Lapse: Multi-Year Policy, No Fraudulent Intent

Court finding - NCDRC NCDRC Jul 19 2026 held minor lapse where no intent found does not void contract - pay 9 percent.

Context

Multi-year lapse vs single-year non-disclosure. No hospital record, no intent.

Implication

Lapse is not fraud. 9 percent interest cost of wrong repudiation.

Action

Revive within window, keep bank bounce proof, ask for revival letter.