Life Insurance Corporation of India [LIC] — Policy not issued | |||
I am vandana sharma from mumbai, apply to lic branch-899 jeevan vihar mumbai-21 lic 15 policies sa 50.5 lacs wide boc no.5726 dt. 10/3/2015 of rs.285000/- paid. All documents & medical cleared in jan-16 & divisional off.-iv passed my 15 policies proposal in mar-2016. I apply that bachdate 27/12/68 age-45 yr. Proposal no. Is[protected]-[protected]-60-61. But br. Person did mistake to take my 285000/- deposit a/g single policy. Branch manager said they can not rectify this mistake & tell me to take single policy. If i take as she's advice than sa will be 32 lacs (My proposal 50.5 lacs) on same premium. So i deny that offer. And several e-mail to all lic authorities to solve this matterbut they all busy in mar-16 ended & not interested to solve this matter because may be they not lose of salary or any things but i loss my risk cover & premium deposit interest. Approx 43000/@12%pa for 425 days. I will than after say ok. You issue me policy in next 2016-17 financial yr on 1-4-2016 for same. At that time they say ok. Now they (Lic br-899) protect that person who did this mistake & loss of business for 50 lacs with 285000/- prem on 2015-16. Advice me to give new fresh proposal & fresh new cheque for 15 policies and they refund my old deposit with them. Why i not understand? My deposit with lic 285000/- from 10/3/15 & proposal also passed by division office in mar-2016 in new year they can issue me a my 15 policies why they demand new chq. & new proposal. Is it cheat to customer? That you demand refund of deposit & refuse passed proposal lic are not able to issue new policies for 3 years? Because of old proposal not passed due lic br-899 mistake. Till last 52 days lic br-899 never reply of my any mail or any intimation of my proposal why they not issue policy or why they refund offer of my old deposit. I need my applied 15 policies without any delay in new yr.1-4-2016 with excess premium tobe collect from person who did it that mistake because Ame policies & terms i have to pay approx 125000/- excess premium in life. Due to mistake done by lic branch-899 and i surprise till they not accept their mistake nor inform me or agent for same. Pl do the needful & guide me where to right suit a/g lic br-899 Thanks Vandana sharma Ph-[protected] [protected]@gmail.com Was this information helpful? | |||
Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint. | |||
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+91 22 2217 8600
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LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
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