ORDER

R.K. Agrawal, President.—M/s. Anjaneya Jewellery Represented by its Proprietor Mr. Venkata Rao Vadlamudi (hereinafter referred to as ‘the Complainant’) has filed the present Consumer Complaint under Section 12(1)(a) of the Consumer Protection Act, 1986 (for short “the Act”) against The New India Assurance Co. Ltd. (hereinafter referred to as Opposite Party Insurance Company).

2. According to the Complainant, facts of the case are that the Complainant, who is running Jewellery business, proposed to conduct an Exhibition cum Sale in various cities in USA from June 2015 to August 2015. The Complainant approached the Opposite Party Insurance Company for obtaining Insurance Cover for protection of the Jewellery Articles during the tour period. It is stated that the Insurance Officials filled the Proposal Form for ‘the Special Contingency Insurance Policy’ and obtained the Complainant’s signature thereon and received the premium of Rs.2,49,159/- for issuing Insurance Policy having a sum assured of Rs.8,74,24,110/-.The Opposite Party Insurance Company issued ‘Package Insurance Policy’ No. 62070146152400000008 covering the risk for the period 27.06.2015 to 15.08.2015.After the closur