[Resolved]  Lic Of India — agent mislead

Dear sir,

i had taken a policy through one of the agents of LIC. At the time of purchase he had given a lot of wrong information about the product and also made me purchase the policy which lead to paying a sum of 69000pa. He had informed me that i was able to close my account at any given time without incurring any charges and had also informed me that i would get the same amount back that i paid but i wouldn't get the interest if closed on an early date and to which i did agree. Now after I've completed 3yrs in the policy for some financial crisis i had to close down my policy .On informing him that i wished to do so he denied stating that i couldnt close it down and if i did i wud get only 50% of what iv paid. i was so shattered and am still in no position to pay the cost and i hurts to find out that i cannot do anything.

Please sir requesting your best answer on the same.

Regards,
Anthea.