[Resolved] Lic Of India — Revival of my policy

Life Insurance Corporation of India [LIC]

[Resolved] Lic Of India — Revival of my policy

T tejasshah_2006

Hi, I am LIC customer having several policy, One of my policy got lapsed because of failure in ECS, Later on I realize and further ECS had not happened. Recently I approached my agent with objective to revise policy and willing nees to pay all due till date. SInce I am out of India for my job assignment, I am not able to pass medical check up in India, Also i was in India and shown all willingness to pass medical check up but it was denied since policy belongs to different branch. Infect I was suggested to do the same at place where I am currently based. In spite of my several follow up with them they are not coming up with any way to revive this policy. I see my payment which I made to insurance company till date in big risk since I am not getting my policy revived nor getting response from my agent. Was this information helpful? No (0) Yes (0)
Aug 14, 2020 Complaint marked as Resolved
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subhasish1964

from Hyderabad, Telangana

Life Insurance Corporation of India — Loan against my Policy

Dear Sir,

I would like to inform you that I have applied for Loan in Life Insurance Corporation of India against my Policy No.[protected] which is operational since 1996. I have applied for Loan against this Policy on Feb '12 , in normal cases it should not take more than 1 month time to disburse the loan.

But till today i did not received my Loan against this policy. Subsequently when i check with the receiving desk about my loan status, they told me that i did not submitted the required form along with my original policy to the respective department. But when i produced all the proof of my submission , than they told me due to overloading of works , they could not find my documents to process. I approached to the Branch Manager ( City 4 ) , Shayambazer Branch ( Kolkata ) , and again submitted all the documents to him on 20th April. But till date no information passed on to me.

Please do the needful and direct this department not to play with individual like me who really require the loan for immediate expenses.

Regards.

Subhasish Ghatak