[Resolved]  Lic Of India — Unjustified deduction of premium gap for the month of Jan’2008

Address:West Bengal

The letter which was send to LICI furnished below , this is for your kind information & necessary action please-

To
The Customer Care Manager
Life Insurance Corporation of India
(Kind attention Mr Haque)
Sub:- Unjustified deduction of premium gap for the month of Jan’2008

Sir,

My particulars are furnished below for your kind information and necessary action-

Name : Rajesh Kumar Ojha
LIC Policy No. :[protected]
Date of Commencement : 28.05.2007
Sum assured : Rs.2,00,000/-
Plan : New Bima Gold(T.No.179), 4 years money back policy
Policy Term : 16 years
Monthly Premium amount : Rs 1166/- through monthly salary from South Eastern Railway, Kolkata-43
Expected 1st money back after 4 years (as on 28.05.2011) is : Rs.30,000/-
Unfortunately LIC(India) issued cheque of Rs.28,834/- instead of Rs.30,000/-
Reason shown for deduction due to gap premium of Rs.1,166/-for Jan’2008 vide Divisional Manager’s letter dated-23.05.11
As per employers (South Eastern Railway, Kolkata) record that bulk premium amount of Rs.1,41,330/- was paid to LIC(India) vide Cheque No. – 998745 dated 23.01.2008. In which premium amount of Rs.1166/- for the month of Jan’2008 against policy No.[protected] was included.
In view of the above it is requested to take necessary action towards pay the difference amount of Rs.1,166/- as early as possible by rectification of the monthly premium data for the policy no.[protected].
Yours faithfully
Rajesh Kumar Ojha
Cell-[protected]
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Life Insurance Corporation of India [LIC]
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    36%
    Complaints
    6212
    Pending
    0
    Resolved
    2214
    Life Insurance Corporation of India [LIC] Phone
    +91 22 2217 8600
    +91 75 5267 6254
    Life Insurance Corporation of India [LIC] Address
    LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
    View all Life Insurance Corporation of India [LIC] contact information