[Resolved]  Lic India — Grievance

Non receipt of pension policy cheques for Policy no:[protected]
My Father has a pension policy for which he receives 12 cheques every year, each cheque amounting to Rs.1158. He has not received his cheques for the year 2008 till now. Even after repeated follow up with LIC, no response has been received from their side.
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Aug 14, 2020
Complaint marked as Resolved 
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Dear Sir,

My brother made a LIC policy through a agent, he gave Rs.1646 as premium amount to that agent. That time the agent gave me a PROPOSAL DEPOSIT RECEIPT, there was not mentioned any policy no. and the deposit is made on 21.01.2009. Still now I m not received any bond or policy no.
Please Sir help me, what can I do now?
Dear Sir,
I am a resident of SR NO.34/3/1, TORANA RESIDENCY, AMBEGAON BK. PUNE 411046.

I am getting letters from LIC OF INDIA, PIMPRI BR 95V in the name of SATISH KALIDAS SHINDE since 30/07/07. (policy No[protected]

With the best of my knowledge no person named as above is staying at aforesaid address.

This is for your information.

Kindly do the needful and convey the same to me at above postal address and e-mail ID.

Thanks,

Yours faithfully


Shinde Jaywant Namdeorao
Sir,

With reference to the above, I, Sri Ranjit Baran Misra, would like to draw your kind attention that I started one Jeevan Saritha Policy of LICI at Suri Branch Office of Birbhum district on 28-03-92 and later the said policy had been transferred from Suri Branch Office to Contai Branch Office, 467 of LICI ( vide reference number CBO/PHS/Trans./IN/MSP dated[protected]. The date of maturity of the said policy was 28-03-05. After maturity I received one third of the Sum Assured i.e. Rs 25000(Rs.Twenty five thousand Only) in the form of account payee check bearing number CAB 00/[protected] dated[protected] from LICI, Contai Branch Office. But till date I have not received my monthly income benefit from LICI office of Contai Branch for the said policy.

Under such circumstances, I would earnestly request you to kindly look into the said matter personally so that I receive my Monthly Income Benefit of my said policy at regular basis.

An early and prompt reply from your end regarding the said matter is highly solicited.

With Regards,

Ranjit Baran Misra,
87B/4/1 Raja S.C.Mallick Road,
Floor - 2,
Kolkata-700047
How do i waithdraw accrued bonus on my policies

LIC / Jeevan Suraksha — Maturity Amount not received

Ref :- Policy no[protected] of LIC / Jeewan Suraksha

The above referred LIC Policy was opened on 14.1.04 at the age of 45 yrs. and maturity at 50 yrs with one time maturity payment option. The all documents required have been submitted at the parent branch (Dalli-Rajhara, Dt- Durg Chhattisgarh). But, the Branch is expressing that one declaration form is to be submitted for one time payment, which is not available at this branch and to be collected from Bhopal regional office. However, the bond / certificate "one time payment" is mentioned. I am being harrased by LIC. Please look into at the earliest.

LICI — Proposal form lost but cheque encashed

Dear Sir,

Please note there are cases where Proposal form along with Premium amount in Cheque was submitted on 26th March, the cheque was encashed by LICI but even after 30 days they remain silent regarding issuing the Policy and so now on enquiring the matter, I've come to learn that they have lost the Proposal form & so due to their irresponsible action I am not being able to avail the IT benefit for the FY 2008-09.

The details of my proposed Policy is Komal Jeevan, Branch 110070, Sarsuna, 620 DH Road, Kolkata, BOC No. of Proposal Deposit reciept 16643 amounting to Rs. 7528.00.

The ultimate grievance is that, the Branch Manager himself is unaware about the fact & when informed, behaved too indecently to protect & hide his faults. On requesting him to refund my amount immediately, he points out the SYSTEM of issuing cheque which may take several weeks!!!

My question is, what SYSTEM do they follow when they deposit cheques in their Banks for encashment when the Proposal form was missing - so am I also to follow & agree to their SYSTEM & wait endlessly to get back my paid amount.?
I am money back policy holder with Policy No:[protected]. The premium has been deducted from my salary upto December, 2008. Due to personal reasons, I left from Hyderabad Industries Ltd, Sanathnagar, Hyderabad in the month of Dec, 2008. Since then, I have not paid any premium upto May, 2009. I wanted to pay last 6 months premiums at a time in order to continue my existing Policy. In spite of so my requests I have been made to my Agent, whose Agent Code: 0040064I, went in vain. Please let me know how much amount to be paid to continue the policy and any documents are to be produced for your verification.

Pl note: Name : Savarapu Prakasha Rao
Date of commencement of policy/risk : 26/10/2006
Date of expiry : 26/10/2006
Naminee : Smt. S. Subhashini,

I look forward to your early reply in this regard

Kind regards,
Prakash
Dear Sir/Madam,
I would like to bring into your kind notice of the fraud happened in my LIC policy of Rs 88, 000.
The suspect has made a duplicate Pan Card and Driving License on my name has got the loan approved of Rs 88, 000 (Eighty Eight Thousand) against my LIC policy.
My Policy Details are Below:
Policy No:[protected]
Branch: Rani wala compound Firozabad,
Name: Mr.Pradeep Agrawal, son of Shri. Shantilal Agrawal.
Even though the suspect has given wrong address in the Pan Card and in the driving license i was amazed that Bank has also verified his identity as Pradeep Agrawal and opened this account in the name of the suspect on the basis of information provided by him.
I came to know that one application has been submitted that I have lost my policy and against that application the suspect has got the duplicate policy issued against which he has taken out the money in four instalments from the ING Vysya Bank ATM situated at Sanjay Place Agra.
According to the rules LIC keeps the policy with them when any person takes a loan against it, but my policy is still with me so how can they issue the loan against it and I have not even submitted any application for the loan before. This shows that there is something wrong going on in the LIC office of Firozabad.
I have intimated this fraud even in the LIC office but they have not taken any action and did not cooperate at all with me. So with the help of my advocate I have filed a complaint in Firozabad Police station (North Zone) and sent the notice to LIC Firozabad Branch Head, Senior Division Manager LIC Agra and Zonal Manager LIC Kanpur but still I have not received any reply from their side.
In my opinion the employees of LIC firozabad are involved in the fraud as without their help this cannot be done.
So, I want to know how safe we consider our money is with you or we should lose our faith in one of the biggest organisation of India.
Hope that your organisation will take strict actions against the culprits who are involved in the fraud and will retain back my money so that I should maintain my faith in you.

Thanking you,
With Regards,

Pradeep Agrawal
SLGL
S/O Shanti Lal Ji Agrawal, Shanti Bhawan, Circular Road, Firozabad.
To
The Branch Manager(Ser Bra:443) From:-JOYDEV CHAKRABORTY
Life Insurance Corporation of India 427, KAILASH NAGAR
9, Jnanendra Chowdhury Road BANDEL-712123
PO: CHINSURAH Date: 13.06.2009
DIST:HOOGHLY
PIN:712101

Sub.: Request for refund of proposal amount of Rs.44520.00 due to non acceptance of my proposal deposited on 20.01.2009 vide B.O.C.No.26413.

Dear Sir,

This has reference to the proposal deposit receipt no A 0600967(Copy enclosed) deposited along with cheque no246534 dated 17.01.2009 for Rs.44520.00 on PUNJAB NATIONAL BANK, Kankurgachi, Kolkata-700 054.

The duly filled proposal application Form(Copy enclosed) was returned to me on the plea of my hospitalization for hypertension during Oct’2006(probably, as told verbally) without the cheque amount which was debited from my account on 27.01.2009(Copy enclosed).

As told by the representative of LICI, I requested vide letter dated 11.04.2009(Copy enclosed) enclosing the original receipt for returning the amount of Rs.44200.00 followed by verification of my Bank Pass Book(Copy enclosed) on 30.05.2009 by concerned officer of LICI who also endorsed on the copy of receipt for the same & forwarded to her subordinate for follow up further.

Further, I requested vide letter dated 06.06.2009(Copy enclosed) to handover the cheque enclosing copy of pass port(Copy enclosed) towards personal indentification and till date no communication was received from LICI.

Therefore, I would once again request to LICI to please send the cheque in favour of me as I am losing the interest of my money since 27.01.2009.

Thanking You,

Yours Faithfully,


(JOYDEV CHAKRABORTY)
Encls.: a/a
From: Hushen Parekh <[protected]@yahoo.in>
Subject: Policy No.[protected]
To: mm.[protected]@licindia.com
Date: Monday, 8 June, 2009, 7:21 AM


dear sir,


i would like to inform you that i was policy holder of your esteem corporation and availed the facility of salary saving sceme.But unfortunately due to administration decision i am relived from my services.hence i am not able to subscribe to policy and can not contnue policy though i wished due to financial strigency i also can not revive the policy.At present i am in dire need of money for my livelihood.

As per my record an amount of Rs.7000.00 is deposited under policy referred above

Kindly guide me for refunding the same



Thanking you,

ILYAS ISMILE PAREKH
Patel Street Opp.Dinyat Madressa
The LIC branch Jogindernagar opened for nothing.The service is only offered for collecting the money from the customers and almost work is done through LIC OFFICE MANDI .H.P.So called sattalite LIC office Jogindernagar(H.P) and always depend on Mandi Head Office.which delay the service to the customers.
and one has to depend on agent or D.O and staff is not having service attitude if one has to talk to the staff they refer the customers to agent or D.O. delay MORE the transaction and work of the customers.And THIS is entirely wrong system.
The need of correction of the system be needed by LIC AUTHOURITY.
my lic policy no[protected] d.o.c.14/10/2006 plan 183 mode of payment single, for Rs 1 lac policy bond
not received till date despite verbal request to concern officer .They said that policy bond is not received from K.S.D.O. please reply how can I get my bond?The bond was purched from Barasat Br.code 484..
Thanks for replying of my greiveace no 199108
I have recieved today claims of my Policy no[protected] of amount Rs 10, 000/-

(mahmood Alam)
M-[protected]
I have had applied for a Term Plan from LIC...on MARCH'09

They encashed my cheque within 3 days...of my application.
But got no info what so ever...since then...

Finally ater numerous calling...i got to know the reason
that
My medical Report says i am handicapped.(so i was a sent a deformity questionarisre ie. i need to get it ion written from adoctor that my hans & legs are working.)

I thought of opting out from the application...
They said "They will give my money after deducting the medical expenses! of 700 rs)

Why shoyuld i pay for thr wrong medical report...even after so delay!

So i spoke to the Diagnostic Centre who have taken my medical exam & Redressal Cell LIC...a free re-examination was conducted, so it was proven that i am not handicapped.

They sent a letter to LIC stating the same...
BUT LIC is saying they havent recieved any letter...the Diagnostic centre saying they have sent it !!
After lot of calling..& harrasment...i called TPA...i got to know ... they have sent to the divisional manager LIC.

Thr LIC branch is not supportive at all, not anewering me correctly.

After 7 months...my case is still pending!!!
And my money has got stuck with LIC...
If i cancel the policy(which i really)..i will loose out on the 700 rupees...& all that money i have spent for calling them...

I have had the worst experience of my Life with LIC...& suggest no-one to go for LIC...
They need to understand...they are paid from our hard earned money...
And they should treat us accordingly...
I am a client of LIC market plus.It was said in premium receipt that units alloted would be intimated saperately, but I have not got any information regarding allotment o[censored]nits since opening of policy.I
submitted applications in written to send my account status on my e mail id, but no action was taken
yet.I also requested to send me customer id to see my account status, but no action was taken
yet.Details of my policies are given below:-
1.MARKET PLUS-POLICY NO.[protected], Premium Rs.20000, AGENT[protected], DO-000086
2.MARKET PLUS-POLICY NO.[protected], Premium Rs.10000, AGENT[protected], DO-0000962
3.LIFE INSURANCE-POLICY NO.[protected], Premium Rs.1128/half yearly, AGENT[protected], DO-0000962
4.LIFE INSURANCE-POLICY NO.[protected], Premium Rs.5147, AGENT[protected], DO-0000962
NAME-PRAWIN KUMAR
PERMANENT ADDRESS:S/O SHRI GANGADHAR JHA, NEW COLONY, IN FRONT OF REAL PUBLIC SCHOOL,
SHERPUR CHOWK, P.O.-M.I.C.BELA, MUZAFFARPUR(BIHAR).PIN-842005.
PRESENT ADDRESS-PRAWIN KUMAR, Q.NO.1032 D, RAIL COACH FACTORY, HUSSAINPUR,
KAPURTHALA(PUNJAB), PIN-144602.
Mob.No.-[protected]
E-Mail [protected]@yahoo.com
Hi All,

I completely agree with bad attitude of LIC agents towards customers. When my premium policy last day was 27th, the agent collected the cheque on 28 and is not submitted till 5 th of next month. When i called the agent he gave all kind of lame excuses and even after warning that there would be a complaint against him on bad followup, he was very rude and feels no worries about if i have to make one...We trust LIC but the agents are .

There is no way i can cancel my agents commision, penalising him for his bad follow up. No body can do anything against them.

Will the govt. do something on this instead of just collection premium.
Kindly arrange to pay SB amount against policy no[protected].Cheque may be send to the address given bellow.

NAME; SANTI PRIYA GHOSH.
c/o P.C.GHOSH.
SANGRAMCHOWK
DRIVERTOLA.
PO: KATIHAR
DIST KATIHAR ( BIHAR)
PIN 854105.
Sir/Madam,

With due respect I Sayed Tanzeemul Islam beg to state that I did a policy (Pension Plan) and when the policy paper came, my name was spelt wrongly and when I contacted the officials, they advised me to write an application in the name of the branch manager stating the name to be corrected in the policy paper. After nearly 4 months I got no response and when again I met the officials, their argument was that once the name is registered (SO WHAT WRONGLY???) cannot be changed in the policy paper. Now I am reallly frightened by these LIC MONSTERS who will gulp all my money for 20 years and when the time will come for the policy to mature, they will PLAY GAMES with me as they are playing with scores of HAPLESS people.
Now, I don't know HOW TO CORRECT MY NAME IN THE POLICY PAPER ??? AND WHAT WILL HAPPEN TO MY MONEY WHICH I HAD ALREADY INVESTED????
Any good hearted LIC officer there???to help me out of this MESS created by the illiterate and un-educated and worthless DATA ENTRY OPERATORS OF LIC.
Sir/Madam,

With due respect I Sayed Tanzeemul Islam beg to state that I did a policy (Pension Plan) and when the policy paper came, my name was spelt wrongly and when I contacted the officials, they advised me to write an application in the name of the branch manager stating the name to be corrected in the policy paper. After nearly 4 months I got no response and when again I met the officials, their argument was that once the name is registered (SO WHAT WRONGLY???) cannot be changed in the policy paper. Now I am reallly frightened by these LIC MONSTERS who will gulp all my money for 20 years and when the time will come for the policy to mature, they will PLAY GAMES with me as they are playing with scores of HAPLESS people.
Now, I don't know HOW TO CORRECT MY NAME IN THE POLICY PAPER ??? AND WHAT WILL HAPPEN TO MY MONEY WHICH I HAD ALREADY INVESTED????
Any good hearted LIC officer there to help me out of this MESS created by the illiterate and un-educated and worthless DATA ENTRY OPERATORS OF LIC.
Dear Sir/Madam,
My LIC policy no.[protected] dt.28/03/1999 &[protected] dt.26/03/1997.
Dated 10/09/2009 i paid Rs.24816/- & 38623/-(Total amt.Rs.63439/-).

After this payment my refund claim amount of Rs.55000/- is due before LIC.

Till date my claim amount Rs.55000/-is never released by LIC.I paid Rs.10491/-
only as intrest to LIC.Now i need Rs.55000/- with intrest withine next 7days otherwise i am free to loged a case before consumer protection act.
Awaiting your early reply.
Regards,
Ujjawal Kumar

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