IRDA Complaints & Reviews

One of your agent nanasaheb mali and also has his code registration done in lic, shriram bajaj and icici lombard, new india assurance too working in chola general insurance is sharing his commission in cash to customers by which it's to difficult to work for us as i am new in this sector and want to develop my carriar in this sector only but after going through market i have come to know about the system of work done by this agent is to share his commission in cash and get grater incentive from company by showing that he has very good business with support of claim officers and bm of chola at our local town named shrirampur dist ahmednagar if you want i can send you call recording and also the amount paid by him photos with customer also he takes all payment by cash from customer and pay through his cards which helps him too.
I request you to please take some of action on the agent and bm of chola so that new comer's can make there carrier in this sector too as we don't have any background and also any financial support from family or banks this is only the business where we don't require any capital jat goodwill required please do the some thing for the same as i am also sending a written complaint on your nashik and hyderabad address to.

Respected sir,

My name is athira kailasan. I have joined in icici prudential life insurance company limited as an agent 3 years back. I haven't doing any business for that company. Now i got a job for tata aia life insurance, for the same i need non-objective certiicate from icici prudential life insurance. So kindly give me the noc from your side.

Name : athira kailasan. K
Pan card no : dzbpk2439e
Agency code : ici01280801
D. O. B :23/03/1991

Thanking you
Athira kailasan

Respected sirs,

Please, remove my pan (Cjnps5623p)
From the irda portal. I was an agent of tata aia life insurance company ltd. My agency code no. 1924555. I was terminated by the said company and my irda lisense was lapsed in 2015. So please take a step to remove my pan from the irda portal.
Thanking you

With warm regards
Rebati prasad sarkar
[protected]@gmail.com
Contact...

Sub: - request for issuing of n. O. C.
Ref: - agent code no. 9167/554, pan abmpg9813e

Dear sir/madam,

Still awaited your confirmation for the same inspite of several e-mails sent to you. I have already shared my mobile no.in 1st december 2018 mail as required by you. I can not able to proceed further until and unless not receive your response as details have already provided to you in my previous mails, you may refer to my all previous correspondences once again.

Please expedite...

With regards,
Rajiv ghosh
Contact no. [protected]
E-mail id: - rajiv. Ghosh. [protected]@gmail.com

Sub: - request for issuing of n. O. C.
Ref: - agent code no. 9167/554, pan abmpg9813e

Dear sir/madam,

This is bring to your kind notice that i have got a government job in west bengal. Therefore i request you to kindly issue the n. O. C. Against above mentioned code. Further, i inform you that i have been applied for the same from 4th july 2017, but not received any response. Then i have forwarded a request letter address to the sr. Branch manager, lic of india, branch ii, bistupur, jamshedpur on 20th june 2018, i have received a confirmation letter on 5th july 2018 from lic of india, divisional office, jamshedpur that my application has processed for issuing of n. O. C. But n. O. C. Is still awaited.

For the reason i am unable to join my job as the company wants to clear my all pending works before getting join at work.

Please look into the matter and advise to the concerned department to issue me n. O. C. And arrange to remove my pan from irda portal at the earliest.

Thanking you,

Rajiv ghosh

E-mail id : - rajiv. Ghosh. [protected]@gmail.com

To,
The deputy director, dated 11th november 2018
Shri t venkateswara rao,
Insurance regulatory &development authority
Consumer affair department
United india tower, 9th floor, 3-5-817/818
Dasheerbagh, hydrabad -500029
Email : [protected]@irda.gov.in
Subj: application for cancellation of agency licenses code
Dear sir,

I am bikas mahanty, who was working as adviser for icici prudential life insurance company ltd vide license code ici00989007. But on ist april 2015 company has terminated my licences showing non –fulfilments of minimum business requirement. Hence, i have requested the company to delete my pan number (Ajzpm6734f) and agent code from irda list, which still appearing in the list. Icici prudential insurance co ltd, initially informed me that the agent code is not appearing in list, but on sending them the snap of website details and original resignation, pan copy etc. They send me a soft copy of no objection certificates (As per attached). Henceforth i have requested for the hardcopy of noc and also deletion of agent code from list vide various email on 15th, 16th, 25th and 10th november 2018 but no response has been received from their end. Hence, i am forced to bring in your notice the matter for urgent resolution of the issue.
I will be obliged if you can looked into the matter and give some early solution of the matter and take necessary actions as required.

Following are the contact details who are handing the matter (Icici pru life co ltd) :
Rm : sarvesh shukla sarvesh. [protected]@iciciprulife.com, [protected]
Complaint reddressal officer : mr. Ganesh ahire, ganesh. [protected]@iciciprulife.com, +[protected]/ fax +[protected]
Address : raheja tipco plaza, rani sati marg, malad east, mumbai -400025

Thanking you in advance.

You’re sincerely,
Bikas mahanty
Agency code: ici00989007
Pan :ajzpm6734f

Snap of code list in irda website
An agent name date of birth insurer type insurer agency code date of appointment status of agency status change date license no. If any previously held
Ajzpm6734f bikas mahanty 17 jun 1960 life icici prudential life insurance 989007 01 apr 2015 terminated for non fulfilment of minimum business guarantee 01 apr 2015

Dear sir,

This is to inform that i have give a irda exam through max life insurance varanasi. I want to remove my pan through this co. I have send so many letter but he has help less, then i request to you please provide noc through this co and release my pan, i could not done any business in said pan. So, please do the needfull and help us.

My pan no. Accpa2628q

Thanking you,
Your's truly
Amitabh agrawal
[protected]

Sir/mam, myself vipin kumar bajpai i was agent in SBI LIFE INSURANCE COMPANY from brach- panna m. P. my my code[protected] i don't want to work in SBI LIFE INSURANCE COMPANY but My pan no. Are also looking in irda pan lookup site, i request that delete my SBI LIFE INSURANCE code from this site as early as possible.

Thanks

my agent code[protected] & pan no. Is
BAUPB0263P
Licence no. Termination request for My IRDA Code [protected]

Respected sir,
Plz remove pan number from life insurance corporation of india ltd. It shows active so, it is effect to my other jobs kindly i requesting to you please remove my pan number from lic company
So, plz i requesting to you please do the needful. I hope you are give me first priority.

Regards

Thank you sir

Srinivas vanamali gulbarga
Cell phone number [protected]

Sir, i have received countinousoly fake call [protected] he introduced him self the employees of headquarters of the max life and he committed to refund the expired policy of my father and he also said i connected the call to irda office in igms mr. Rajeev sharma ([protected]) department and he want send you account details and atm photo and said please what's app in my number. You deposit in account up-to 20 % of policy value and i don't send any information for relating bank and he is also said a mobile no. [protected]
Which he said call to manish jain sir and said for deducting the challan for policy of rs.21000,

Dear i had been the obtain insurance (Composite) agent licenses through icici life insurance, but unfortunately i am unable to get sufficient policies during the time duration provided, hence icici terminate my licences. But as i have free time i wish to practise the services and hence i understand i have to appear for examination conducted by irda (Ic38). But my request to allow me to appear for said examination is been turn down as my pan...

My self koushik dhar chowdhury residence at
Vill+po-pandapara kalibari
Near-check post, dist-jalpaiguri, pin-735132
West bengal.
I have a advisor licence in reliance nippon life ins.. But this licence is expired. But this licence is got stuck my new appointment. Pls give noc ic
From. I have apply 2000 rs noc resignation fees
In siliguri office. Receipt no-af[protected] on 26.10.18.
Pls send me noc by [protected]@gmail.com
Mob-[protected]

The following policiy No.C[protected] for Rs.30, 000/-, C[protected] for Rs.21000/-mC[protected] for Rs.1, 00, 000/-, C[protected] for Rs.22, 000/-, C[protected] for Rs.18, 000/-, C[protected] for Rs.35, 000/- and C[protected] for Rs.40, 000/- were purchased from TATA AIA Life. Now I am facing too much financial hardship for which I am not in a position to continue the above police. In this connection matter has already been taken up with Grievances Redressal Dept of TATA AIA, Thane, Mharashtra vide my application dated 09th Sept 2018 and several Email to stp ECS payment from my account. But TATA AIA has declined and put me pressure to continue the policy. Please look into the matter and requested to direct TATA AIA Life to STP ECS payment wef Feb 19 and onwards. Your kind co-operation is appreciated.

I would like to bring to your notice a very serious and unimaginable blunder in quoting premium for the group policy for retiree bank officers by united india insurance company to be issued to iba for all the member banks. This policy was started from 2015-16 and renewed from 2016, 2017 and 2017-18 premium was as under.
From this you will be able to understand the position and the methods being adopted by the insurance company for deciding the premium.

Sl. No. Year sum insured (Rs) premium amt. Premium amt.
With domiciliary without domiciliary
01 2015-16 4, 00, 000 7, 500 7500
02 2016-17 4, 00, 000 20, 010 16025
03 2017-18 4, 00, 000 36, 998 16443
(Super top up) 5, 00, 000 na 3, 806
2018-19 4, 00, 000 82, 273 28572
(Super top up) 5, 00, 000 na 5, 259

1. The insurance company had raised the premium every year as shown herein above:
2. The important factor is that as to how the premium can be revised every year and how the regulator is approving such an increase? Which norms will permit such a steep rise in the premium of one category of staff/ex-staff?
3. In the year 2017 the company took an excuse that the premium and claim ration is high for almost doubling the premium for the retiree officers.
4. Now in 2018 again they have mentioned the excuse of high ratio of premium and claim for quoting 123% rise in the premium for the retirees. Can there be claim more than the sum insured?
5. But have a look at what they are quoting:
A. For the policy of 4 lacks without domiciliary treatment the premium conveyed is rs. 28, 572.
B. With domiciliary treatment of 10% of sum assured within total sum insured of the policy of 4, 00, 000/-i. E. Rs. 40, 000/- the premium will go up to 82, 273 i. E. Increase by rs. 53, 701/- so if you do not opt for domiciliary treatment you are required to pay rs.28, 572 for 4, 00, 000/- if you take domiciliary than this 28, 572 will be charged for the sum assured of rs. 3, 60, 000 and you have to pay additional rs. 53, 701/- for allowing the domiciliary treatment of rs. 40, 000/-?
C. When company quoting the premium of 28, 572/- without domiciliary for 4 lacks how the premium will remain same for 3, 60, 000/-? The premium for 3, 60, 000 allowable for hospitalization will have to be reduced for rs. 40, 000 proportionately to rs. 25, 714.. The retiree is required to pay for domiciliary treatment of rs. 40, 000/- a separate additional premium of rs. 53, 701+2858 as mentioned earlier. How this aspect remained to be taken care?
D. Can anyone understand and explain how the premium of insurance can be more than the eligibility to claim insurance amount? Which rules and guidelines of the regulator irda permit this as claimed by the uiic in their communication? This type of quotation is unprecedented and unbelievable.
E. How the claim ratio can be made an excuse for quoting more than 100% premium amount against the insured amount?
F. If this way the increase in premium by the iba is to be considered the insurance company will double the premium next year and so on.
G. It is a serious breach of trust and definite case of the deliberately forcing the retirees by the company to ensure that all retirees are kept out of the policy.

6. Moreover, as mentioned above, when the amount of premium is separate for the amount to be considered for domiciliary treatment i. E. 10% or 40, 000 from the policy of 4, 00, 000/, - the amount of premium for remaining 90% amount i. E. Rs. 3, 60, 000/- cannot remain same. The company has done this excess charge in the year 2015, 2016, and 2017 also which has to be refunded with interest to the insured.
7. The same company is offering the policy to the serving employees at a much less premium. For the sum assured of rs. 4, 00, 000/- the policy covers the domiciliary treatment of the officer, spouse, children and parents of the employee. But the retirees are permitted the policy for self and spouse only. Why this discrimination?
8. Whether the parents of the serving employee remain young and are not old like the retired employee? If the serving employees are more than 40 years of age than in 99% cases the parents must be more than 60 years of age are they not old like retired employees?
9. If we just imagine that some employee takes a policy as serving employee at the age of 59 years and his parents are of the age of near to 80 years. He will get the policy, till he becomes 60 years, at a premium applicable to serving employees for self, spouse, parents and children also with domiciliary treatment and the premium will be paid by the bank. But look at his plight next year. When he retires before the renewal in october, the renewal will be for self and spouse only, premium has to be borne by the retired employee and the premium will jump to 82, 273. Don’t you agree it is surprising and astonishing?
Please take some immediate corrective step[s and the company may please cbe stopped from looting the bank retirees.
We are confident you will consider the matter as serious and will give justice to us. The employees who could not take the policy due this beyond reach increase in premium, please advise the company to permitting them also after making necessary corrections in the premium.

Thanks, r. C. Agarwal
A, retiree bank officer

Hii
I have renew car insurance policy copy from bharati axa general insurance.
At time renewal bharti axa officer tell me my car idv value 273000 at rs 12698 primium amount i have made payment online but policy copy is not receive.
After 8 days bharti axa officer send cover not but in cover not idv value of car is mention 213000 this type chiting is done by bharti axa with me

3 to 5 time complain in bharti axa but they are not responding

Name sandeep patil
Policy no s 8524577
Case no 01693201

Sir/mam, myself noopendra kumar i was agent in life insurance corporation of india from brach-dallirajhara (C. G.), my development officer say's my code 1796-38f is terminated due to zero business from last 1 year. And i don't want to work in lic but lic's officer from dallirajhara branch are not accept my noc request. My pan no. Are also looking in irda pan lookup site, i request that delete my lic code from this site as early as possible. Thanks my lic agent code-1796 38f & pan no. Is bikpk3907p

Respected sir,

My name is Lata pandey I have joined reliance life insurance company limited as an agent 2 years back. I haven't doing any business for that company. My license validity also expired. But my pan number looked up in irda portal.

Applicant name Lata pandey
Father name K c pandey
Date of birth[protected]
Urn aili[protected]
License no
Certificate no -
Type individual
Business information
Insurer name reliance life insurance company ltd
Agent id Amp22234257
Category life
Pan Card-BXLPP9088E
Kindly delete my pan number in irda portal. Thank you.

Regards,
LATA PANDEY
[protected]@GMAIL.COM
Mobile: +[protected]

My name is samsudeen. I joined sbi life as a corporate agent 2 years before. I have not done any business for that company. I am having a valid license for corporate agent, i am not interested to continue further. I request your cancel to remove the pan card number from the irda portal

Applicant name : samsudeen s

Fathers name : d m sadiq ali

Dob : 21/10/1981

Registration number: i-7121128c0000714

Urn irda number: cai[protected]

Training id : 5161554

Type : corporate agent

Basic informations :
Insurance name : sbi life
Agency code : nil
Category: life

Kindly delete my pan number in the irda portal

Thanking you

Yours faithfully
Samsudeen

Hello sir, i am Durgesh Kumar an insurance agent for Life insurance corporation of India company my code has been terminated because of no business i have done but still my agency code, agen details is appearing in irda pan look up portal
and now i want to join max life insurance to which i need to cancle my agent code licence from Life insurance corporation of India(LIC) to contine business in Max life insurance, so please delete my Details from irda portal. I want to delete irda licence no. From my pan card please remove Agency- Life insurance corporation of India(LIC) Pan no. DOOPK8263N Name- Durgesh Kumar, I also found my code has been terminated because of no business from Life insurance corporation of India(LIC) i had also given resignation to Life insurance corporation of India(LIC) Najafagrh brach Delhi on 5th October 2018 still no updates has been taken and still my urn no., licence no., agent id is appearing in IRDA pan look up portal so please delete and do the needful.
Regards,
[protected]@gmail.com

Respected sir,

My name is amar deep. I have joined icici prudential life insurance comas an agent 5 years back. I haven't doing any business for that company. My license validity also expired. But my pan number looked up in irda portal.

Applicant name - amar deep tiwari
Father name - k. K. Tiwari
Date of birth 01/10/1979
License no 2863056
Type individual
Business information
Icici prudential life insurance
Agent id 267661
Kindly delete my pan card no.