Requirement Of Insurer's Consent In Cases Relating To Third Party Liability

An insurance policy is a one way road where the insured is bound by its terms and conditions. The insurer's duty is only limited to the obligations specified under the insurance policy.¹ The insured can assert his rights under an insurance policy only on compliance with the terms of the policy and fulfilling the liabilities imposed thereupon. The insured only gets the right to assert his rights under any insurance contract only after he has performed the obligations associated with the insurance contract and complied with the requisite conditions for establishing the liability of an insurer as per the terms of the insurance policy. The insured is bound by the terms and conditions of the insurance contract and cannot go beyond them. It is these terms and conditions that specify the obligations of the insured and the performance to which it is entitled.