[Resolved] lic(20 year money back policy with profit) — MATURITY CLAIM
L I C OF INDIA
WEST END, G T ROAD,
SUBJECT: NO RESPONSE ON MATURITY CLAIM
Dear Madam or Sir:
I had purchase a life insurance (20 year money back policy with profit) on 1988. But due to some financial constraints, I could not continue the same after paying three year premium (06 half yearly premium). The insurance have matured on Dec 2008.
After waiting for 06 moths to receive the closing balance, I have made a application to your office (BURDWAN-1) for the claim on[protected]. It was surprise to know that there was no record on your computer database for the policy. Putting a great effort by my AGENT and good cooperation of the D O and BRANCH MANAGER, the matter was forwarded to ASSANSOLE Office for database entry. Though I have given a reminder about the matter on 07 Jul 2009, still the data base has not been updated. This is against the reputation of the corporation having best claim settlement record in insurance sector.
It is, therefore, requested to look into the matter seriously to remove the hurdles as and where required. The necessary details of the policy are given below for your ready reference.
POLICY NO :[protected]
DATE OF COMMN : 28/12/88
DATE OF MATURITY : 28/12/08
SUM ASSURED : 50000/-
T&T : 75-20
INSTALLMENT : 1880.80
PREMIUM : HALF YLY
1st Premium : Recipt No 462-4016 Dated 31-3-89
2nd Premium : Recipt No 462-6683 Dated 07-08-89
3rd Premium : Recipt No 8549 Dated Dec-89
4th Premium : Recipt No 7791 Dated June-90
5th Premium : Recipt No 7982 Dated 11-02-91
66th Premium : Recipt No 5653 Dated 11-06-91
Expecting a ready and fruitful reply
VILL & POST –KURHMUN
AGENT : SHRI JAY NARAYAN MONDAL CODE 627 MOB: [protected]
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Aug 14, 2020Complaint marked as Resolved
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