ORDER :

1. Baldev Singh/Complainant filed a Consumer Complaint under Section 12 of the Consumer Protection Act, 1986 (for short, ‘Act’) against Life Insurance Corporation of India/O.P No. 1 and its agent Ashwani Kumar/O.P. No. 2 on the allegations that his son Rajnish Rohal got himself insured with Life Insurance Corporation of India (for short, ‘L.I.C.’) on 22.6.2001 through their Agent Ashwani Kumar and Policy Bond was issued on 28.6.2001. It is further stated that complainant used to deposit the premium through that Agent and he had already paid the instalments of March, 2002 in the same month and for June, 2002 in the month of July.

2. On 12.7.2002, Rajnish Rohal (since deceased) met with an accident and consequently he died. When the Agent came to know about the death, he went to Branch Office of L.I.C. and deposited the premium at 10.30 a.m. along with late fee. Thus, the Agent did not deposit the premium for month of March and June, in time. Later on, complainant wrote letter to the Branch Manager of LIC to settle the Claim. However, complainant could not produce the original receipt as it was with the Agent. Consequently, complainant was informed by the LIC that quarterly pre