[Resolved]  Lic Of India — NOT RECEIVING MATURITY CLAIM AND REFUND OF EXTRA PREMIUM

Sir,

1. I am the holder of LIC policy No.[protected], due for maturity on 28 Sep 08.

2. During my last visit to Ambala Branch of LIC of India, in
Jul 08, I was advised by the dealing staff, to send them the following documents, for issue of a post dated cheque, for payment of my maturity claim :-

(a) Original copy of my LIC Policy

(b) Form for claiming maturity benefits, duly filled and
signed

3. I have already sent the above mentioned documents, under my letter No. 641206/JPS dated 04 Aug 08. through registered post, on 04 Aug 08. Photocopies of the receipt obtained from the Axis Bank, showing payment of the premium for the quarter ending Mar 08 and the receipt received from your Mumbai branch, showing payment of the premium for the quarter ending Jun 08, were also sent to substantiate extra recovery of the premium amounting Rs 135.90.

4. have not yet got the cheques for maturity claim and refund of extra recovery, in spite of repeated requests through emails. I am an Army person proceeding on retirement with next two months hence am in dire need of money.


(JATINDER PAL SINGH)
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

LIC is a largest life insurance company in this country.Till recently it had total monopoly in this business.Now many private players have also entered in this sector.But i feel that the attitude of LIC towards customer services have not changed.It still nurture a typical goverment culture in providing services to its customers.It still feel as if they are doing some favour to customers by giving them even basic services.
CARELESSNESS OF DOCUMENTS BY L.I.C.


the same thing is there, i m also unsatisfied with l.i.c. response. because my father shri bheem singh dabhi also having policy no.[protected] matuerd on dated 1/1/2009 and this policy was undertaken in the scheme " Own Your Home "in[protected], but the loan was not taken and policy bond, house titled as sequirity were taken by l.i.c and now after maturing policy, l.i.c needs our policy bond for giving matured premium amount. but now question arises that how can they say like that because l.i.c. already has our policy bond given by us..
so now i thing its really shame on l.i.c a reputed firm, and we can't expect from l.i.c such like activities and its really mently and physically harrashment given by l.i.c. to our family.and still we are not found any kind of positive response from l.i.c.and their branch officers, so its not my request but its a my fundamental right to say about such matter to solve out from l.i.c., otherwise they have to pay fo it.
NAVEEN DABHI
(M) [protected]
BALOTRA-344022
DIST. BARMER (RAJASTHAN)
I did not receive maturity claim of my policy no[protected]. i joined when i was working in nuclear fuel complex dept of atomic energy govt of india. this policy must be matured in the month of march 1909.
my address: previous: 2-1-195/2 nallakunta hyd. present: flat no 301 thirumala aptmts. tarnaka secbad - 500017.pl. inform me how much money iam getting after maturity.how to go about to receive my matured policy consideration
Sir,
i have applied for change of address for my policy number[protected], from kanpur to chandigarh where my husband is transferred at present . But there is no confirmation from lic whether my address is changed for communication or not. payment of first money back is due in july09. kindly send about confirmation of address at my email addresss.
thanking you
poonam pathak
my insurance policy no.[protected]salary saving) has matured on 12/03/04. till date maturity amount has not been paid to me.

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Life Insurance Corporation of India [LIC]
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    36%
    Complaints
    6212
    Pending
    0
    Resolved
    2214
    Life Insurance Corporation of India [LIC] Phone
    +91 22 2217 8600
    +91 75 5267 6254
    Life Insurance Corporation of India [LIC] Address
    LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
    View all Life Insurance Corporation of India [LIC] contact information