[Resolved]  Life Insurance Corporation — Deduction of Premium (SSS)

Address:

Yerwada Branch, Pune, Maharashtra

Recently I have surrendered my Policy No.[protected] under (SSS) to LIC branch 95Y(Yerwada) and written them on 2nd July to provide me with (1)the calculations for the refund amount against the policy and (2) stop cutting further premiums from Salary.

I wrote to them again on 8th July but there was only a mail from Manager Customer Zone Pune saying that Yerwada branch will write to me. I have written them on 14th, 16th and 25th July for an reply from them but they have not replied.

On 26th July I again wrote to stating that the premium is deducted from Salary to this they are replying that 'the Demand Invoice for deduction of SSS premium from Salary is sent to the Employer in the 1st week of every month'.

My complaint is that LIC has not replied with the calculations for the refunds, they have not even bothered to stop deducting premium for the policy already surrendered in month of June.

I am expecting that LIC furnish with the calculations, stop deducting any more premium for this policy and thirdly refund the extra amounts deducted as premium at the earliest.

Regards,

Balraj
[protected]