[Resolved] Lic India — Reducing the Sum Assured

Life Insurance Corporation of India [LIC]

[Resolved] Lic India — Reducing the Sum Assured

A A . Safeer from Kayankulam, Kerala

Hi I joined an LIC Policy (#[protected] named jeevan surabhi 25 years term with sum assured of Rs.12 Lakh. After one year I found that I am not able to continue with the huge premium to be paid as my income stopped all of a sudden. So I was forced to reduce the sum assured to Rs.2 Lakh and the subsequent premium too got reduced.Hereafter I will get the benefit for the 2 Lakh only. Now my concern is regarding the extra money that I paid for the premiums at the first year. I asked all the concerned authorities regarding the same but none is giving me a clear reply. I am really worried about my money. Please Help. Was this information helpful? No (0) Yes (0)
Aug 14, 2020 Complaint marked as Resolved
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Comments

thota murali dhar

from Pedana, Andhra Pradesh

Dear Sir

I am one of the policy Holder of LIC Profit Plus with Policy No.[protected]. I took this Policy 3 Years ago. First Time I Gave the Premium amount the Agent Mr Nageswar Rao Tunga Next Year I could not paid the premium. But Last year I gave Rs 20.000/- to the Agent to words the Pending and current premium But Till Now he did not Give any receipt To Me Along with this letter I am giving his no[protected] Kindly look in to the matter and do the need ful

ghyllservices

from Chennai, Tamil Nadu

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