BEFORE THE A.P STATE CONSUMER DISPUTES REDRESSAL COMMISSION ATHYDERABAD

F.A.No.1146 OF 2009 AGAINST C.C.No.40 OF 2008 DISTRICT FORUM SRIKAKULAM

Between:

1.    India,       Visakhapatnam

2.    India,       LICBuildings,SrikakulamTown

A N D

Sri Dummu Sambasivarao S/o Latchanna
Aged about 43 years, Occ: Driver,APSRTC
Nanubala Street, Srikakulam Town & Dist.

Counsel for the Appellants                   

Counsel for the Respondent 

QUORUM:  SRI SYED ABDULLAH, HON’BLE MEMBER  

AND

SRI R.LAKSHMINARASIMHA RAO, HON’BLE MEMBER

TUESDAY THE TWENTY NINETH DAY OF MARCH

Oral Order (As per Sri R.Lakshminarasimha Rao, Hon’ble Member)

                                               1.    

2.    `75,000/- by paying premium amount of`389/- to the respondents.    

3.    `75,000/- in the name of the son of the respondent and that the date of commencement of the policy is 28.6.2000 and its maturity is on 28.5.2018.   `25,285/-  

4.     

5.     

6.    

7.    

1)               Whether the commencement of risk in terms of the insurance policy had taken place by the date of death of the insured?

2)               To what relief?

8.           `75,000/-.      

9.    

The policy shall stand cancelled in case the life assured shall die before the date of commencement of risk and in such event, provided the policy then in full force, a sum of money equal to all the premiums paid without any deduction whatsoever shall become payable to the person entitled to the policy monies. 

10.    

11.               

        `2,000/-. 

KMK*