Lic Of India — Cheque for LIC used by an agent in personal use.

Address:

New Delhi, Delhi

Dear Sir,

As we tried to have two policies for two individuals (One Time Payment) through an agent (Mr Bhadur Singh) who's phone no. is [protected]. we gave him two cheques of Rs. 30,000 each on the name of LIC. We don't know what the agaent did? Yet we don't get the receipt or any conformation of LIC policy. Agent says that he used those cheques in his personal use.
How can it possible?
Are we not safe by depositing premium by cheque?
The cheques details are given below.
Cheque no.- 263206 & 263207 (State Bank of travancore, code no. 4072 & Acount No. [protected]) on dated 20.07.10.

Please reveiw and solve this problem.

S.K Sharma
[protected]
sharma.[protected]@maruti.co.in