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[Resolved]  Lic Of India — Change payable mode from quarterly to monthly against LIC Jeevan Saral Table No. 165

To: bo_16J
Cc: crm rohtak; sdm.rohtak
Subject: Change payable mode from quarterly to monthly against policy no.[protected]


R/Sir,
I request that my policy no. is[protected] Branch Code-16j,Bahadurgarh. But it payable at quarterly. Because Life Insurance Corporation not give to any rebates in monthly & quarterly for special plans Jeevan Saral (Table No.165).
REBATES FOR MODE OF PREMIUM PAYMENT AND HIGH SUM ASSURED

Mode rebate : 2% for yearly mode and 1% for half yearly mode. There are no rebates for quarterly and SSS mode.

If above line is true,I request that please change my payable mode from quarterly to monthly.

i want deposit amount on monthly basis.

Some Details as per attached file........


from bo_16J <[protected]@licindia.com>
to amit malik <[protected]@gmail.com>
date Thu, Oct 29, 2009 at 7:36 AM
subject RE: Change payable mode from quarterly to monthly against policy no.[protected]
mailed-by licindia.com

For your regular mails regarding change of mode from quarterly to monthly. In this connection we have to inform you that in this plan monthly mode is not allowed. Further we have to inform you that the following rebate are allowed in Yearly and Half Yearly Mode.

We further want to inform you that if any other querry is there please contact us in our office.

Yearly Mode 2%
Half yearly 1%
Qly Nil
SSS Nil


Chief Manager
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Complaint marked as Resolved Aug 13, 2020
Complaint comments  4 CommentsShareTweet

Comments

LIC — about rebate

I invested around 20lakhs as single premium under bima bachat in the features of the scheme it is noticed that 8% rebate is eligible.to whom i have to contact to get the refund of the rebate?what is the procedure to get the rebate refund.and my age is 67
I have three LIC policies which is monthly premium based,
bearing no.[protected],[protected],[protected], i want to change their payment mode half yearly please suggest the way how to change their mode. if it is possible to change mode online.

Shanti lal rao
[protected]@gmail.com
sir,
i request that my policy no[protected] branch code 59E, now my paying mode is half yearly i want to change it to yearly is it possible to change it online.request please help...
sir,

My Policy No. is[protected]; perm. Rs.766/- payable QLY. . Plan & Tern :: 165 - 10

This I want to convert into Yearly payment.

Please help.

C.Radha
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