Lic Of India — Complaint for not making payment as per NAV recorded on the date of surrender of the Future -Plus LIC Policy

To

The Executive Director CRM/Chief{CRM}
LIC Of INDIA


Subject:- Complaint for not making payment as per NAV recorded on the date of surrender of the
Future -Plus LIC Policy
Reference :- LIC Future Plus Policy No.[protected] {Amount of Policy one lac}

R/Sir,
With due respect, it is submitted that, I had surrendered my above LIC Policy on 04/08/2009 in the branch office of LIC at SCO No. 8-9, Choti Baradari [Branch Sr.-173] Patiala {PB.}.I have taken the receipt [Acknowledgment] for it. According to the rules, my due payment is to be calculated as per NAV of Future Plus recorded on dated 05/08/2009, which is Rs. 20/02.
But the manager of the concerned branch has refused me to make the payment as per NAV recorded on 05/08/2009 due to {according to him} --failure of their system for registration. It is not my fault. The customer has no role in the system of the branch. I am being compelled to beer the loss due to their system failure. There is no such rule in the Policy.
I have also submitted my written complaint to the concerned branch manager Sh. K.L. Gupta on 10/08/2009for not making me the due payment according to the recorded NAV on 05/08/09.
Sir, I am being harassed, and due to this I am in tension.I am a patient . I need the justice. So I request you to personally intervene in the case and provide me justice.
Hoping Early Action
Submitted with thanks.

Yours Truly,
{JOGINDER KAUR} Dated;- 10/08/2009
419-A, St. No.-7, Ghuman Nagar-A,
Sirhind Road, Patiala
{M}[protected] [R][protected]

Note:- Contect no. of the concerned branch manager at Patiala is[protected] {Sh.K.L.Gupta}
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Subject:- Complaint for not making payment as per NAV recorded on the date of surrender of the Future -Plus LIC Policy
Reference :- LIC Future Plus Policy No.[protected] {Amount of Policy one lac}

R/Sir,
With due respect, it is submitted that, I had surrendered my above LIC Policy on 04/08/2009 in the branch office of LIC at SCO No. 8-9, Choti Baradari [Branch Sr.-173] Patiala {PB.}.I have taken the receipt [Acknowledgment] for it. According to the rules, my due payment is to be calculated as per NAV of Future Plus recorded on dated 05/08/2009, which is Rs. 20/02.
But the manager of the concerned branch has refused me to make the payment as per NAV recorded on 05/08/2009 due to {according to him} failure of their system for registration. It is not my fault. The customer has no role in the system of the branch. I am being compelled to beer the loss due to their system failure. There is no such rule in the Policy.
I have also submitted my written complaint to the concerned branch manager Sh. K.L. Gupta on 10/08/2009for not making me the due payment according to the recorded NAV on 05/08/09.
Sir, I am being harassed, and due to this I am in tension. I need the justice. So I request you to personally intervene in the case and provide me justice.
Hoping Early Action
Submitted with thanks.

Yours Truly,
{JOGINDER KAUR} Dated;- 10/08/2009
419-A, St. No.-7, Ghuman Nagar-A,
Sirhind Road, Patiala
{M}[protected] [R][protected]
BY MAINTAINING THIS WEBSITE YOU ARE DOING WONDERFUL SERVICE TO THE POLICYHOLDERS AT LARGE. PLEASE CONTINUE AND ACCEPT MY THANKS.
Sir, as forgot to pay my quaterly premium due to some personal problels, so i request u that i will pay my payment by next month. My policy no.[protected] DOC 28/11/2001 SA : 50, 000/-.

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