[Resolved]  Lic Of India — Money Plus Policy no.[protected]

Address:Allahabad, Uttar Pradesh

Dear Sir,
I am a senior professor of Allahabad University and President of Allahabad University Teachers Association. I took a Money Plus policy No.[protected] on 23rd Feb 07 for my wife from your CBO 1 office civil lines Allahabad. I was paying yearly premium of Rs.6250/-. After depositing 3 full years premium more than 18000/- I came to know that I have only 539 units balance in my policy account. It was because of 7,55,000 sum assured, but according to policy terms sum assured can be given only 5 times to 20 times of yearly premium. I had applied only 5 times sum assured. Nominee name is also incorrect. Several times I visited your office to solve the problem, but nobody is ready to take pain.
I request you to correct the fault and credit units in my policy accounts, otherwise I would be bound to go to consumer court .
Thanks
Professor Yogeshwar Tiwari
Department of Med.& Mod. History
University of Allahabad
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Aug 14, 2020
Complaint marked as Resolved 
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To,
The Manager, LIC Branch No.31,
B-6, Lajwanti Garden, Jail Road, N.D.46.
Sir,
My policy number is[protected]. I have changed my residence from Haraya Power House, Rest House, Pubjabi Bagh, Delhi-35. Now my house number is 121 Sector-IV, R.K.Puram, New Delhi-22. Further communication may be sent at this address please. The said policy has been completed and amount of LIC is due in my favour.
Thanks, Yours faithfully,
Shish Ram Bandooni, Qtr. No. 121, Sector-IV,
Tel:26184188 M [protected] (O[protected] R.K.Puram, New Delhi-110022.
email id:-bh.[protected]@gmail.com

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