BEFORE THE   F.A.No.239 

Between                                           

Bajaj Allianz General Insurance                                                       

1.   2.   The Auction Superintendent,                                                       

Counsel for the Appellants            Counsel for the Respondent  

 QUORUM:       SRI R.LAKSHMINARSIMHA RAO, HON’BLE MEMBER

TWO THOUSAND THIRTEEN

1.      

2.    

3.    `1,867/- after. The exclusionary clause in the policy is applicable per event per insured. It is contended that the amount of`1,867/- through cheque was sent to the respondent no.2 and that the insured cannot claim anything more than what is covered as per the terms of the insurance policy.

4.     

5.     `120 per kg. `36,000/- and after deducting salvage of`3,000/- the District Forum awarded an amount of`33,000/- in favour of the respondent no.1.

6.                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

7.            

8.            Special Contingency Policy bearing policy number OG-10-1804-9930-00000027 for the period valid from 1.11.2009 tofor`  

Section 1: 

9.               

Loss Assessment: 

1.     The Tobacco board, APF 20 of  

To total loss assessed on stock of 200Assessment for Tobacco stock loss                                   

Salvage: On tobacco stocks @ 10/- per kg                                              Policy excess on two barns 2x10000/-

Net Loss Assessed on the stock                                                                    

Recommendations: 

10.           `1768/- towards settlement of the claim. The respondent no.2 issued certificate, ExA5 which was considered by the District Forum while assessing This is to certify that Sri

11.   `36,000/-. `2368/-. The learned counsel for the appellant has contended that the certificate

12.           

13.   

1.                 

Non AOG Perils – 5% of claim amount subject to a minimum of Rs.10,000; AOG Peril – 5% of claim amount subject to a minimum of Rs.25,000/-.

14.                    

15.           `1867/- on behalf of the respondent no.1 towards full and final settlement of the claim of the respondent no.1. The respondent no.1 intimated the appellant about the damage caused to his tobacco barns and he submitted the claim along with the relevant documents to the appellant. The appellant contends that it had paid the amount in full and final settlement of the claim to the respondent no.2. It is not the case of the appellant that the respondent no.2 submitted the claim. `1867/- to the respondent no.2.

16.           `17,000/- which we feel reasonable and modest. 

17.    `17,000/, in view of the fact that out of this amount an amount of`1867/- has already been received by the complainant, the complainant is entitled to balance of`15,000/- with interest @ 9% p.a., from the date of filing of the complaint `3,000/- in the appeal.  

                                                                                     MEMBER

కె.ఎం.కె*