[Resolved]  Life Insurance Corporation Of India — NO MONEY RECEIVED FOR HANDICAPPED NEED

Dear Sir / Madam, Jeevan Aadhar policy[protected] has been made on dated 28/09/2004 ( T. no 114) for my handicapped Daughter. During making the policy LIC agent Mr R.N.PANJA[protected] MIDNAPUR, assured our family that after the completion of policy year you will get partially amount and annuity will start to handicapped child. Policy has been enforced for payment on dated 28/09/2014, but no amount or annuity paid by LIC office, Midnapur Branch. I want to surrender the policy but LIC told us that no maturity benefit or surrender designed for this policy. If I alive upto the age of 90 and no benefit given to my mentally retarded handicapped child, then what value of this policy. Hense I request to Govt, to amend the policy for benefit of this type of policy and benefit should be given to assured.Now I am retired, money need for medical groudn of handicaped.What can i do? I can go to court? Regards, ARUN KUMAR BHOWMIK
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Aug 14, 2020
Complaint marked as Resolved 
Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.
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