ORDER

C. Viswanath, Presiding Member.—The present Revision Petition, under Section 21 (1) (b) of the Consumer Protection Act, 1986 has been filed by the Petitioners, against order dated 11.04.2013 of the Punjab State Consumer Disputes Redressal Commission, Chandigarh (‘the State Commission’) in Appeal no. 700 of 2008.

2. Case of the Respondent/ Complainant is that his son, Mr Sunil Arora son of the Respondent/ Complainant obtained a Personal Life Insurance Policy from Petitioner no.2/ Opposite Party no.2 on 06.06.2005 for a sum of Rs.2.70 lakh. Quarterly instalment of the premium was fixed at Rs.3094/- which was being paid regularly through an agent Mr Neeraj Kakkar. The maturity date of the Policy was 06.06.2025. The Respondent was the nominee of his son in the Policy. One of the conditions of the Policy was that in case the Policy holder died in a road accident, he would be paid an amount of Rs.1.00 lakh, in addition to the face value of the Policy of Rs.2.70 lakh. Unfortunately, Mr Sunil Arora died in a road accident on 26.04.2007. An FIR no. 86 dated 26.04.2007 was registered at P S Jandiala. Respondent informed the Petitioners about the death of the Policy holder, along with c