I work for a Corporate Organization where we have Group Life Insurance(death coverage) for all employees. One of my Hindu colleagues accidentally passed away. Due to my negligence, the Insurance provider did not pay for his Death Coverage as some paperwork was not done. It was completely my fault as I had overlooked my responsibility in completing the paperwork. As he has not been paid for the death coverage by the Insurance Provider due to my negligence, should this amount be paid by me? Please let me know.