Life Insurance Corporation of India [LIC] Complaints & Reviews

LIC is cheating people in name of term insurance. I have applied for LIC term insurance plan Jeeven Amulya 4 months back. They have asked me to go for medical test twice and after that returned the amount back i paid for insurance and deducted 800 from initial amount paid.

However no response why policy is not issue in 4 months and why Rs. 800 is deducted.

So they just avoiding the issuing of term insurance and only want to sell the traditional insurance plan which are helpful for LIC and its agent not for general public.

Please find the details of policy i applied:
Name : Yogesh Singh
Date of Application : 22/04/2010
SCO-46-47, Phase 2
SAS Nagar Mohali
Amount paid 14490
Amount Returned on 11/08/2010 : 13768

D.C No. 589

sir,
i am sethuraman,husband of mrs.parvathavarthini,market plus policy no[protected].my wife has invested rs1,00,000 on[protected].till date no account statement o[censored]nits has come.kindly arrange to send the units statement immediately.address:new no 10,3rd cross street,united india colony,kodambakkam,chennai-600024

Sir,I'm K.B.Karthekeyen.. I have three LIC Money plus policies,whose policy no's are:[protected] started on 12.03.07,[protected] started on 21.5.07and[protected] started on 8.6.07.I want to know the current status of policies.Because I paid all my dues but in office they told that agent has ceased the dues not paid in office.Development officer( DO) no:is 0056274..So I need your help.Please send the status to the mail id [protected]@yahoo.co.in.as soon as possible i need your clarification as quick reply...
I am thankful to you as i have helped..Thank you Sir..

my mother have 50000 THOUSEND RS POLICY MONEY BACK EVERYFIVE

YRS POLICY IN LIC INDIA.(AP)(HYDERABAD )IN HIMATNAGER

BRANCH, MY FATHER WAS BUYING THE MOTHER POLICY HE DEAT

MOTHER DO NOT HAVE ACCOUNT IN HER NAME,

SHE CAN NOT RECIVED MONEY IN 2005 RS 10000.

I WENT TO OFFICE AND I ASKED THEM FOR DETAILS IN 2005 MONEY

BACK WE CAN NOT RECIVED RS 10000.THEY TOULD ME HER RECIVED

RS 10000 INCHASH IN THE HDFC BANK,

AND THEY TOULD ME WE ARE NEW IN THE BRANCH ,

IN 2005 EMPLOYEES ARE TRINFERS IN OTHER BRANCHS,

YOUR MATTER IS VERY OLD.

I ASKED FOR PLS SHOW NAME OR SIGN FOR MY FATHER OR ANY

OTHER PERSON WHO RECIVED MONEY.

THEY GIVEIN ONLY DATE OF INCHASH IN HDFC LAKIPOOL BRANCH

ADDRESS ONLY,YOU FIND THERE.

POLICY NO[protected] NAME (RUQHIYA BEGUM) (yderabad himatnager

branch) agent code no[protected]

FRIENDS PLS HELP ME IN THIS REGAD.

MY EMAIL [protected]@yahoo.com ( ALI) CELL [protected]

FROM : RAJEEV KULKARNI
G-5, SHIRINE GADENS, PARIHAR CHOWK, OPPOSITE I.T.I., AUNDH,
PUNE – 411 007, PHONE : +[protected], Cell : [protected],
e-mail : [protected]@hotmail.com Or [protected]@gmail.com
________________________________________

Reference : Policy no :[protected]

Dear Sirs,

I have complaint to you about my policy mentioned above :-

1. Even though the payment was through ECS for Rs.2552=00 monthly, except April 2010 the ECS did not reach bank. Due to this LIC have charged me interest of Rs.102.30 for delay for no fault of mine.
2. When ECS was debited to me on 28th April 2010 for Rs.2552=00 what happened to other months. I came to understand from my LIC agent that due to insufficiency of funds the ECS has bounced. I TOTALLY DISAGREE AS ANY POINT OF TIME MINIMUM OF RS.4,434.61 AND MAXIMUM OF RS.2,61,822.19 WAS THERE IN MY ACCOUNT. BANK STATEMENT ATTACHED.
3. For the mistake of LIC system, why as a customer I should be penalized for interest and take the blame for insufficiency of funds.
4. A refund of Rs.2552=00 was made to me in June 2010 for excess funds paid as I paid net transfer initially for two months when ECS was not activiated.

I need following things to be restored.

• Refund of interest of Rs.102.30.(Receipt enclosed)
• Explanation why did ECS not strike the bank from May 2010 onwards?
• ECS is given for the mental peace. Why this abnormality?

Please confirm the same are updated in your records.

Thanking you,

Yours truly,



Rajeev Kulkarni

Sir
PLEASE NOTE MY RESIDENTIAL ADDRESS AND MENTION MY ADDRESS AS FOLLOWS
NIRANJAN PANDA
A/503 SAHETA APPT
PLOT:30 SECTOR-4
DWARKA
NEW DELHI-110078
MY POLICY NUMBER IS[protected],
MY ADDRESS IN THE RECORD MAY PLEASE BE UPDATED FROM MY OFFICE ADDRESS: PLOT NO A/8A NTPCEOC 3RD FLOOR SECTOR-24 NOIDA TO A/503 SAHETA APPT,PLOT NO 30 SECTOR-4 DWARKA NEWDELHI-110078

REGARDS
N Panda
policy number:[protected]
Telephone:25087266
MOBILE NO [protected]

I SANJAY BANSAL is the loaner of above said account number.By the receipt
no. A 0025513 dt. 16/08/2010. I have cleared entire loan amount Rs.14,20,302.00
(Rs. FOURTEEN LACKS, TWENTY THOUSANDS AND THREE HUNDRED TWO ONLY)
throgh cheque no.0000061 drawn on KOTAK MAHINDRA BANK, AGRA at your AGRA
branch.Kindly release my original documents as soon as possible.
please do needful and let us know the probable date for release.
Thanking You


Let me know if any other detail is required.

This is a complaint to Sangareddy LIC branch which has not issued till today 25/08/2010 my policy after taking our proposal amount. The proposal deposit was paid on 12/03/2010 through Lic Agent P Satyanarayana ("so called" ) member of the distinguished club for agents - Code no 1185-64L. The LIC agent is not picking up his mobile [protected] when we try to follow up regarding the policy issue status nor has he come back to us as to what happened to the proposal B.O.C number 15199 .
I am frustrated and angry to have taken up policy from LIC. Have I been cheated by LIC ?Now how do I get our policy issued? Will the B.O.C number help at all in tracking this proposal ?

Please Beware of agents like P Satyanarayana. !!!!

my policy nos:[protected] having Rs.10000/- for three years paid and Policy no:[protected] having Rs.5000/- paid for three years . I want to know the current value of these policies for today date pls send details to the mail address [protected]@rediffmail.com

Dear Sir/Madam,

I am the policy holder of the subject plan against Polcily No.[protected] vide first premium paid receipt dated 29 Mar 2010. Till date, I am not in receipt of the policy document. You are requested to despatch the same at the early and also intimate the status of the same. Thanking you, your's sincerely, Km Rajendraprasad

LIC Housing Finance Ltd, Saidapet, Chennai had lent Housing Loan to Ms Indu Dharmalingam guaranteed by Her sister Ms Suhasini Dharmalingam in the year 2002 against property Flat A20, Yamuna homes, Parameswari Nagar IV St, Adyar, Chennai 20 which is not belonging to her. The Flat was belonging to Mr C Venkatachalam who had sold the same to me in the year 2008. Mr Dharmalingam and Mrs Vimala Dharmalingam and their daughters (Indu, Suhasihine, Yamuna) indulged in Economic Offences. They fabricated the documents of many flats like mine and mortgaged to

SBI/Sulurpet now with ARM/SBI, Hyderabad - more than 1 Crore
ICICI Bank - Housing Loan and consumer Loan - more than 50 Lakhs
Standard Chartered Bank, Adyar - Flat A21- Housing Loan - 30 Lakhs
LIC HOusing Finance ltd, Saidapet - 15 Lakhs
Jenson & Nicholson Financial Services Ltd, Kolkata - more than 15 Lakhs
PNB Hyderabad - Not Known
TNEB Chennai - North Madras Power Project - more than 60 Lakhs
Mr Meyyan, Financiar - more than 60 Lakhs

As much as 16 FIRs, 6 CSRs, 20 Court Cases and Financial irregularities are registered against them

They sold same Un Divided Shares to more than one / mortgaged to multiple banks/Financial Institutions.

I had written letters, complaints, RTI applications and Legal notices. They are not sharing the details and open to us. They had published Possession Notice under SARFACI Act. The then Area Manager, Branch Manager had in collusion with Ms Indu, Suhasini, Dharmalingam and Vimala Dharmalingam swindled money through such lending. Mr C Venkatachalam had already filed FIR 640/02 with Central Crime Branch and S Duraibabu filed FIR 217/10 with CCB. LIC Housing Finance should respond to my letteres/emails/complaints/RTI application

More information can be obtained from me and those lost money could be recovered with my assistance.

Respacted Sir,
Iam a Lic agent. I need user id & password login Lic portal.
I purchage Lic agent software but not update online lic Data policy holder.
So please give me my user id & password in my email.
My name Sat pal
Agency Code 0118113H
Branch Chamba (H.P)
Phone no Office [protected]
Mob No [protected] With thanks

Sat pal
LIC Agent
Agency Code 0118113H
D.O Code 1611015

I wan't my user id and password. I am a agent of LIC. I'm in Kasaragod branch(777).My agent's code No. is 1957777.