CIC Orders LIC to Disclose Information on Disputed Loans

The Central Information Commission (CIC) has directed the Life Insurance Corporation (LIC) to provide a revised response to an RTI applicant regarding alleged unauthorized loans against his insurance policy. The CIC noted that LIC did not justify their refusal to disclose information, purportedly due to ongoing investigations.

CIC Orders LIC to Disclose Information on Disputed Loans
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The Central Information Commission (CIC) has instructed the Life Insurance Corporation (LIC) to issue a revised reply with the available information to a Right to Information (RTI) applicant. The applicant sought details of loans allegedly taken out against a Rs 50 lakh insurance policy that he contends he did not request.

The LIC had previously denied the request, citing Section 8(1)(h) of the RTI Act, which pertains to information that could impede legal investigations. The policyholder claims additional loans were taken without his consent, and filed FIRs further complicate the release of information. However, the CIC found LIC's justification insufficient.

The CIC's decision mandates the LIC to reassess the RTI application and provide any available information. The case underscores the tension between public information rights and ongoing investigations, illustrating challenges in transparency and accountability in financial and insurance sectors.

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