Present:-

          For the appellant                   :         Sh. F.S.Virk, Advocate

          For the respondents    :         Sh.K.S.Cheema, Advocate

JUSTICE GURDEV SINGH, PRESIDENT

          Heard.

          The parties have entered into a settlement, which has been incorporated in the statements of their counsel, which have been separately recorded. In view of that settlement, the complaint filed by the appellant/complainant is allowed and the opposite parties are directed to pay Rs.85,000/- to her in full and final settlement of the claim under the policy in question and after the payment of that amount, that policy shall stands cancelled. In the event of non-payment of the said amount to the appellant/complainant within a period of 45 days from the date of this order, the respondents/ opposite parties shall liable to pay interest at the rate of 12% per annum from the date of filing of the complaint till the realization of that amount.                                                          

February 04, 2015