Representation of the plaintiff Mrs. Pham Thi T: His husband, Mr. Tran Huu L, took out insurance with P Life Insurance Co., Co., Ltd. Then his husband died in an incident. Relied on the policy, she is the beneficiary. Now, she requests the defendant to make the insurance payout of VND 300 million and interest of VND 126 million, calculated according to the basic interest rate since August 20005, totaling VND 426 million.
Representation of authorized representative of the defendant, P Life Insurance Co., Ltd, Mr. Nguyen Quoc T: Mr. L had to pay the 2nd installment on insurance premium on June 24, 2005 and within 2-month extension following that due date, but he did not pay it. Mr. L died on August 27, 2005, 3 days after the insurance policy was invalid. Thus, the defendant refused to make the insurance payout at the request of the plaintiff.
Representation of person with relevant rights and obligations, Mrs. Vu Thi Minh N: As an agent of the defendant, she sold insurance to Mr. L. She mutually agreed with Mr. L to collect his payment of insurance premiums at his house in person. But she was attending in a political class in a province when that payment of insurance premiums was due, so she failed to come to his house to collect the premium. The failure of premium payment came from an objective cause, hence she requests the defendant to make insurance payout to the plaintiff.