Liberty Life Assurance (U) Ltd v Joseryn Kyosimire and Another (Civil Appeal 7 of 2024)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court allowed the appeal, holding that no cause of action was established against the appellant insurer because no insurance policy for 2019 (when the loss occurred) was proved on record, despite the 1st respondent having paid insurance premiums. The court held the 2nd respondent bank responsible for failing to provide insurance documentation to its client and for its undertaking that insurance would cover the loan in event of loss. The 1st respondent was declared not to owe the 2nd respondent any money on the agricultural loan.
Outcome
Appeal allowed; lower court orders set aside; 1st respondent declared not to owe 2nd respondent any money on the agricultural loan; 2nd respondent held responsible for costs
Facts
The 1st respondent obtained an agricultural loan of UGX 15,000,000 from the 2nd respondent bank in 2019, with 1.75% deducted as insurance fees. In September 2019, heavy storms destroyed her banana plantation. The 2nd respondent assured her she would be compensated by the appellant insurer. The appellant paid only UGX 1,488,142 (representing 19.4% assessed loss) to the 2nd respondent. The 2nd respondent continued charging interest and threatened to attach security. The 1st respondent sued seeking a declaration that she owed no money and an injunction against sale of her land. The trial court found partial loss but ordered the appellant to fully indemnify the 2nd respondent for the outstanding loan balance of UGX 7,670,833. The appellant appealed, arguing no valid insurance policy for 2019 was proved on record.
Issues
- Whether the plaintiff has a cause of action against the defendants.
- Whether the appellant should compensate and indemnify the 2nd respondent under the insurance policy.
- Whether the appellant owed the 2nd respondent the entire balance of the loan and interest.
- Whether costs were properly awarded to the 1st respondent.
Orders
- Appeal allowed.
- The 1st respondent does not owe the 2nd respondent any money on the agricultural loan agreement executed on 19th September 2019 that was exhibited as DEX1.
- The 2nd respondent shall pay the 1st respondent's costs in the lower suit and counter claim.
- The 2nd respondent shall pay the appellant's costs in the lower court and in this appellate court.
- Orders of the lower court set aside.
Rules and key headnotes
Legislation cited (8)
- Evidence Act s.101
- Evidence Act s.102
- Evidence Act s.103
- Contracts Act s.9
- Insurance Act s.62(1)
- Bank of Uganda Financial Consumer Protection Guidelines 2011 Guideline 8(2)
- Civil Procedure Act s.27
- Judicature Act s.37
Cases cited (5)
- Fr. Narsensio Begumisa & 3 Others v Eric Tibebaga (Supreme Court Civil Appeal No. 17 of 2002)
- Senkungu & 4 Others v Mukasa (Civil Appeal No. 17 of 2014)
- Monday v Attorney General (Civil Appeal No. 16 of 2010)
- Tororo Cement Co. Ltd v Frokina International Ltd (Civil Appeal No. 2 of 2001)
- Suffish International Food Processors (U) Ltd and Another v Egypt Air Corporation t/a Egyptair Uganda (Civil Appeal No. 15 of 2001)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.