G.YETHIRAJULU
Branch Manager, L. I. C. of India, Kodad – Appellant
Versus
Ambati Laxmamma – Respondent
( 2 ) THE appellants herein are the defendants and the respondent is the plaintiff in the suit. The plaintiff filed the suit for recovery of a sum of Rs. 60,000/- payable under an Endowment Assurance Policy given by the Life Insurance Corporation in the name of her late husband.
( 3 ) ACCORDING to the plaintiff, her husband late A. Narsi Reddy obtained an endowment Assurance Policy for a sum of rs. 50,000/- on 20-3-1990 and the policy was issued by the defendant-Corporation on 31-5-1990. While so, the plaintiff s husband died on 9-11-1993 due to ill-health leaving behind the plaintiff and two sons. By the date of the death of her husband the policy was in force. Therefore the plaintiff made a claim before the defendant-Corporation, but the defendants repudiated the claim on 25-2-1994 on the ground of misstatement. When the plaintiff caused a legal notice issued to the defendants, they gave a reply with the same stand. Hence the plaintiff fi
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