[Resolved] Lic Of India — Misselling of Policies by Insurance Agent followed by harrasment by the company | |||
I am writing to complain about the conduct of LIC of India in handling serious charges fraud and harassment Case registered against them for selling life insurance policy with fake details by their agent Ms. Swati Arora followed by constant harassment both by the company and the agent ever since the case have been highlighted. Details of case is as follows First handwritten and email illustration (copy enclosed) at the time of giving policies states Premium Amount = Rs 10286 per month Total premium = 740592 Maturity Amount Shown= Rs 1206000 Tenure 6 Years Bonus @ Rs 60/1000 FAB and Loyalty Bonus are also payable at maturity Second illustration after complaint on 17th November Maturity Amount Shown = Rs 729600 Bonus = Rs 34 per thousand Final Addition Bonus and Loyalty Bonus are NOT showen as benefit in this. We are folllowing up with LIC on the same but they are more willing to save the agent and not the conusmers. What can be done into this. Do let me know if you have any suggestions Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
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+91 22 2217 8600
+91 75 5267 6254
LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
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