BRANCH MANAGER, LIFE INSURANCE CORPORATION OF INDIA Vs. KOLLI VENKATESWARA RAO
ANDHRA PRADESH STATE CONSUMER DISPUTES REDRESSAL COMMISSION
BRANCH MANAGER, LIFE INSURANCE CORPORATION OF INDIA
KOLLI VENKATESWARA RAO
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P.RAMAKRISHNAM RAJU, J. -
(1.) THE second opposite party in CD.
180/ 1995 on the file of the District Forum, Khammam is the appellant.
(2.) THE case of the complainant is that his wife late Rama Satyavani has insured her life with the opposite party for a sum of
Rs.75, 000/ - commencing from 28.3.1991. While so, on 26.3.1994 at about
9.00 p.m. her saree caught fire from the kerosene stove and with a view to put off the same she ran into the bath room where she died
The opposite party merely paid the premium amount of Rs.8, 327.00
to the complainant but he did not pay the amount legally due. As her
death is accidental death, the complainant is entitled to double the
assured amount. As the amount was not paid, he approached the District
(3.) IN the counter, the appellant, while admitting the policy bearing No.680552628 for Rs.75, 000/ - commencing from 28.3.1991, stated
that since the duration of the policy from the date of commencement till
death is less than three years, but only two years 11 months and 28 days,
Clause IVB of the policy applies, and as such, the complainant is not
entitled to the amount claimed. It is further stated that the deceased
died due to suicide, and as such the complaint is not maintainable.
The District Forum, however, observed that there is deficiency in service and accordingly directed the appellant to pay a sum of Rs.1,
50,000/with interest at 12 per cent per annum from the date of complaint till realization together with costs of Rs.2,000/ -, Hence the appeal.;
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