SUBASH MAHTAB, BASANTI DEVI
LIC OF INDIA – Appellant
Versus
ASHALATA PAL – Respondent
ORDER
Mrs. Basanti Devi, Member - The opposite parties in C.D. Case No. 6 of 2001 have assailed the orders dated 29.10.2001 of the District Forum, Balasore directing them to pay the full benefits available under the Policy No. E-582440762 and Rs. 1,000 as litigation cost to the complainant within a period of sixty days from the date of the receipt of the copy of the order, as illegal.
2. Facts in brief are that Surendra Kumar Pal obtained a Money Back Plan with profits policy No. 582440762 dated 28.4.1998 for an endowment sum of Rs. 25,000 from opposite party Nos.l and 2 on quarterly premium of Rupees 413 payable in the months of January, April, July and October. The maturity date of the policy was 28.4.2018. Smt. Ashalata Pal - the wife of the life assured is the nominee. The life assured had only paid quarterly premium upto quarter April and died in a vehicle accident on 18.9.1999. By that time, the quarterly premium for July, 1999 was not paid. Quarterly premium for July, 1999 was paid with late fee to opposite party No. 2 on 20.9.1999 and opposite party No. 2 had granted receipt. Complainant intimated opposite parties in respect to the death of the assured which opposite parties
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