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MEENA RAMANATHAN, V. V. SESHUBABU
State Bank of India Life Insurance Co. Ltd. – Appellant
Versus
Challa Venkaiah – Respondent


Advocates:
Counsel for the Parties:
For the Appellant:M/s. Srinivas Karra, Advocate
For the Respondents: M/s. J. Venkat Ram Reddy & Associates

ORDER

Meena Ramanathan, In-charge President—This is an appeal filed by the Appellant/Opposite Party U/s.15 of Consumer Protection Act,1986, praying this Commission to set aside the order dated 29.11.2019 passed in CC.No.30 of 2016 on the file of District Consumer Forum, Nalgonda and pass such other order or orders as this Commission deems fit and proper.

2. For the sake of convenience, the parties are described as arrayed in the complaint. The Appellant is the Opposite Party and the Respondents are the Complainants in CC.No.30/2015.

3. Briefly stated, the facts are that the wife of Complainant No.1 and mother of Complainant No.2 & 3 availed a policy vide No.49007122210 for sum assured being Rs.3,50,000/-. Date of commencement of the policy is 31.12.2012 and mode of premium opted was yearly. The Complainant’s wife paid a sum of Rs.1,50,000/- towards policy amount. She died on 29.07.2015 and all the necessary documents were submitted to Opposite Party for release of sum assured. The Opposite Party paid only Rs.1,50,000/- instead of the policy amount of Rs.3,50,000/-. The claim has been repudiated on unfair grounds without any valid reason and hence the present complaint is raised for

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