JUDGMENT :

S. RAVINDRA BHAT, J.

1. This appeal questions an order of the National Consumer Disputes Redressal Commission¹ [C.C. No. 213/2011, dated 01.08.2019] (hereinafter “NCDRC”) which allowed the insurance claim of Levi Strauss (India) Pvt. Ltd. (hereinafter “Levi/insured/respondent”). Prior to this order, United India Insurance Co. Ltd. (hereinafter “insurer/appellant”) had repudiated the policy issued to Levi.

Facts

2. The insurer issued to Levi a Standard Fire and Special Perils Policy (hereinafter “SFSP Policy”) for the period of 01.01.2007 to 31.12.2007. This policy covered Levi’s stocks while in storage for the sum of Rs. 30 crores. Levi obtained another SFSP Policy for the period of 01.01.2008 to 31.12.2008 on similar terms. Meanwhile, the parent company of Levi (i.e. Levi Strauss and Co.) had obtained a global policy from Allianz Global Corporate and Specialty (hereinafter “Allianz”) for the period of 01.05.2008 to 30.04.2009, covering stocks of all its subsidiaries, including Levi. The coverage through this stock throughout policy (hereinafter “STP Policy” or “foreign policy”) was for $10 million in any one vessel or conveyance, and $50 million in any one location. The par