Life Insurance Corporation of India [LIC] Complaints & Reviews

Dear sir,

My policy number is[protected]. It is matured on 7tn july and i submitted all documents as per required but still not got my amount credited to my account.

I would request you to look into matter and resolve as early as possible.

Awaiting earliest reply from your side. You can mail me on [protected]@yahoo.com or can send msg on +91 [protected].

Thanking you

Arpit parikh

Dear sir,
I have pay premium in may 2017 in cash and the renewal premium receipt is lost so pls send me duplicate recepit on my email id [protected]@gmail.com
My policy no. Is[protected]
I am attaching the soft copy of the premium paid certificate showing that i have paid the premium and the basic detail regarding the policy.
So issue me a duplicate copy asap.

My lic jivan surbhi policy no.[protected] lic branch jivan jyoti super bazar bharatpur (Rajasthan) it's s/b claim on date 28/3/2006 is due on lic and still i didn't receive any payment from them. They said that they pay cheque no. 737305 on date: 28/03/2006. But i didn't get any cheque or payment in my account. I said them many times but they did not take any action. I am very nervous, please help me to get my payment immediately.

Policy holder = virendra kumar gupta
Mob no. = [protected]

Policies nos[protected]&[protected] in alok gupta name due feb16 not paid. Asking for no dues from sbi against policies. Alok s/b a/cin sbi ballabgarh gave no dues. Sbi b/g also gave no dues against c. C a/c but lic asking for no dues against lic assigned polcy. Lic not giving in writing sbi branch name and who authorized assignment. Alok don't have any other a/c in any sbi except above two. Mother 73 yrs serious ill needs money. Agreed to any dues anywhere. Some foul play suspected. Met branch mgr refused help.
Ready to give affidavit for any loss to lic at any later date. I don't have policies documents. Pl direct 314 lic branch and sbi ballabgarh to sort out their problem.
Alok gupta 1548 sec 15 faridabad
[protected]., [protected]

Https://importantbankingnews2.blogspot.in/2017/07/at-least-57-lakh-claimants-are...⇄

Click on above link to understand whether 57 lac policy holders of lic are unhappy with poor service, insensitive attitude of lic staff and poor return from lic on investment made by you.

Huge deposit is with lic as unclaimed. As a matter of fact lic do not pay in time, ask for several papers and gives so much pain to policy holders that they think it better to sacrifice their money instead of wasting their time.

Huge amount is lying in their sundry deposit or current account. They do not take pain to give credit to person whose money is lying in sy dep or current account in want of adequate information.

Who will force lic to pay the money back to its owner?

Irda is a formal body, appears to be of little use or no use.

Sir, i (G. V. Subrahmanyam sharma) lic policy no:[protected], amount rs. 12138/- and policy no:[protected] rs.[protected]+25.4late fee) and policy no:[protected] rs.1599/- and policy no:[protected] rs.1654/- all the mentioned details amount was debited on 24.03.2017. Kindly provide receipt for all 4 policies paid on 24.03.2017 to mail id: [protected]@gmail.com

Dear sir/madam,
Refer to the followings:
Policy no[protected]
Name of policy holder/life assured - syama sundar nayak
Policy name - lic's new bima gold
Period - 20 years
Premium amount 5029 per annum
Policy start date 26 mar 2009

As per the policy terms i have to get 10% of the sum assured is paid at the end of the 4th, 8th, 12th and 16th year for policy term of 20 years. But i have not yet received the 8th year's money back. It should be directly credited to my account registered with lic.

Dear sir/mam,

I m davinder kumar batra agent of lic with agency code[protected] from yamuna nagar branch, karnal division. Please give me online agent portal id and password. My e-mail id is ([protected]@gmail.com).

Already i sent you request by this e-mail for portal id & password, but not recevied till now.

Thanks!!!

My loan account no [protected] balance amount paid as pre closure

On 24-7-17. Aaccount closed subject to realisation of cheque.

Now i am unable to know e mail id of tanjore office.

Necessary instructons may be given for realisation of cheque

And my loan account may be closed.
By padmarajan — pattukkottai

Loan a/c no — [protected]

Sir,

I have paid lic premium for policy no.[protected], dated[protected], rs.57573/- through payment id - jsbi[protected], lic order number - 5561553, payment date and time-23­07­2017 17:13:52 online at www.licindia.com, receipt no - pr[protected]. But i have not received any receipt till date and time. Rs.57573/- debited from my account on same time but show transcation failed due to timeout.
Please do my favour urgent.
My email id - [protected]@rediffmail.com
Cont. No-[protected]
Name:-subhajit dasgutpa

Dear sir/madam
With humble request i mr. Biki choudhury from bongaigaon, assam wants to tell you that i claimed for my insurance money i. E policy no[protected] on lic as it matured date was on march 2015 but i didn't received it yet as my father died on 10/11/2015. They just refused me and ignore me whenever i visit lic office. Sir please as i am a poor boy and i need money as my mother died on 26/02/2015. And i am alone now and staying in a room of rent.
My no - [protected]. Email id - [protected]@gmail.com
Hope you will watch through my problem as sson as possible.
Thanking you
Yours pupil
Biki choudhury

Lic housing finance limited has the worst customer care in entire banking sector. I am a existing customer since 2014, i had never asked for interest rate expecting this is gov org and would not cheat us.

Recently my premium deduction amount was increased from 14600 to 15134 apprx.

I stay in delhi and loan is for lucknow region, i went there an inquired found i was paying 11.7 % for home loan and the market rate as per rbi is set to 8.5%
When asked he stated we people don't read the doc carefully.
I was then asked for 1150 rs cheque in name of lic housing. For the correction.
My question :
If the interest was revised why was the notification email or call not made.
If the interest was revised it should be as per current market rate.

I am now planning to move my loan to some other bank.

Please call at [protected] if you really care.

Lic did not reduce roi (To 9%) until i approached them and submitted the required form (Affidavit) which i came to know only now. I have been paying my housing loan emis since more than 13 years. The current interest rate on my home loan emi is 11.45%. When confronted the manager (At lichfl, 7th floor, jeevan prakash building, kg marg, delhi) that it is their duty to inform the existing customers through sms/email/letter/telephone regarding...

Sir, i (Arun kumar) have paid lic premium for policy no[protected] dated 15.03.2017, rs. 14, 758/- (With service tax) through www.Licindia.com, but i do not recived any recipt till date and time. Rs 14758/- debited from my account on same time. Pl do the needful.
Payment id:-jaxg[protected]
Lic order no.:[protected]
Payment date & time:[protected]:20:25
Payment amt:-14758/-

"debashish nag & mita nag" lic family economist mis-sold policy

Debasish nag & mita nag[protected] family economist lic and mdrt member proposed a product called jeevan saral, with a pitch, that if i continue the scheme for at least 5+ yrs, i will be getting a return that would be greater than the sum of all premiums paid + bonus (Approx 8%). He also mentioned terms like liquidity, cash back for child higher education and pension on maturity.

Driven by his presentation skills, lic and mdrt recognition, i invested a large monthly premium on faith and paid all premiums (Between nov 2010 to march 2017) through him. I realized that all my investment was actually done in the same product divided into three policies than a mixed portfolio. But i still relied on his guidance and followed his advise like a patient does to a doctor. After all he is the expert in the financial domain was my belief. I was also being periodically updated that the money is growing and can be taken
Out in full having completed the least term of 5+ yrs with bonus.

In july 2017, i needed the money and wanted to surrender the policy. He advised me to take loan but i insisted on redemption as i have no intention on paying 10-11% interest to lic when i have my own money. After all i have
Crossed the 5 year barrier and that is enough to get full premium with bonus.

I was shell shocked to see that the redemption amount after 7 yrs is a 20% less than the total premiums. I was also told by lic branch that there would always be a surrender penalty anytime before completing the term of 21 yrs. So either i have to keep paying premiums for 21 yrs to get my principal back or make surrender loss. I opted for the later as i found it tough to commit for another 14 yrs.

Jeevan saral policy has no annual bonus. So no accrual like other lic policies. Only an one time (Un-conditional) loyalty is paid on maturity (I. E after 21 yrs), if the policy makes profit. The only option for liquidity is a partial / full surrender or take loan on the policy. Surrender before maturity will always be a premium loss proportionate to the policy lifeline.

The 3 policies are :[protected],[protected],[protected].

Full redemption after 5 yrs with bonus, child education money back, retirement pension and pension were all bluff. The only truth was 250 times one premium as death benefit.in other words he had invested my entire money into a life saving insurance that could be covered with a nominal term insurance of lic.

Take note that debasish nag & mita nag approached us as a family economist (His letter head designates him as family economist lici and mdrt member usa) and we wanted an investment than has a part balance of insurance.

I have complained to irda and hoping for a resolution. My wife has also fallen in the same trap and had been sold the same policy for a 21 yr period just as debashish nag did to me. She is still holding the policy fearing a 20% premium sum loss.

I request lici and irda for an immediate investigation into the incident and stop agents from mis selling policies which they do to earn quick money through hefty commissions paid against the sale of policies.

This is regarding the following lic policies, which i had started/ opened in 2009 through the lic agent sadhana singh thakur c/o mr. Dharmendra thakur (He is working in western railway, establishment department, pratapnagar, vadodara and his mobile no. Is [protected]). I would like to inform you as under:-

I have received notice from lic office (Copy attached) that loan against my above referred policy is due. I want to inform you that i have never applied for any loan or availed any money against this policy. We have following lic policy also with your branch as detailed below.

Policy no. Date of commencement name of policy holder maturity amount maturity date

[protected] 8/13/2009 riya regi varghese 112, 424.00 8/13/2029

[protected] 8/13/2009 jerry regi varghese 100, 000.00 8/13/2028

[protected] 8/13/2009 riya regi varghese 1, 830, 388.00 8/13/2039

[protected] 7/28/2009 varghese thomas regi 200, 000.00 6/28/2021

[protected] 7/28/2009 jaisy regi varghese 165, 077.00 8/13/2034

[protected] 7/28/2009 jaisy regi varghese 96, 444.00 8/13/2029

Mr. Dharmendra took loan against our above policies giving bogus signature on our behalf and took lakhs of rupees. Our original policy is also with him.
We have been regularly paying the premium amount to this mr. Dharmendra thakkur, but he had not payed the premium to lic against our policies. Now with our continues follow up mr. Dharmendra paid the premum, but the loans still pending. He is not ready to pay the loan he took by giving bogus signature of our. He took loan from our kid's policy also. Mr. Dharmendra took blank singed check from us telling that he will deposit the cheque to lic towards our premium. But he deposited the cheques in his own account and his wife's account. All proofs are available with us.

Request you to take strict action against this dharmendra and help us in this regard.

Your kind cooperation is solicited.
Thanking you,

Jaisy regi varghese
D-79 sundervan society
Abhilasha char rasta
Sama, vadodara, gujarat

Dated: 22.07.2017

To,
Manager,
Life insurance corporation of india

Sub: not received bond paper

Dear sir,
Let me know about my policy bearing no.[protected], had been enrolled in the month of may 2016, but till date, i have not received bond paper against my policy. It is complete one year. I have received only receipt against my policy.
May kindly look into the matter and take needful action for the same.
I have several times contacted with lic advisor but there is no reply from the other end. So that, please be trace out the actual condition of the policy and take action on the person who is associated with this policy, and send me details about the region of non - dispatch of the lic bond paper in respect of the above cited matter.

It is requested to you that about my policy bond paper may please be dispatched to my permanent address which is given below:

Divani purohit
W/o pankaj purohit
Har-badra ashish
K-804, gali no 19, karni colony,
Chandna bhakar, jodhpur (Raj.)
342001
[protected] (M)

My policy no.[protected] matured on 15/03/2017 and maturity amount was rs. 141700.50 but i had not received full amount of maturity. I had received only rs. 137950.00 on 20/03/2017 but remaining amount for rs. 3750.50 not received till date.
In this matter i requested mr. Panchal, officer at your 1/836/cbo br.-1/836, tilak road, ahmedabad branch many times but there are no any responce from them. I have also given full details of premium before 4 months but no any reply from your said branch till date.

I request you to take up the matter urgently and do needful otherwise i have no any other way to complaint at consuner forum or to start legal action in the court of law if any reply received from you.

Thanking you.

B v dafda
(M) [protected]

My policy no is[protected] since last week i am trying to login for payment of premium but i forgot my id/passward so unable to do so. I put request for recovery of id/passward but so far i have not received any mail regarding that. Please make it fast & provide me my id/passward so i can login & do payment of premium. Secondly please make your site user friendly & start providing information of id/passward on registered mobile also so such compalints can be resolved more fastly.

I have taken a policy (No.[protected], and i have paid some 6 premiums and unable to continue the premium payment and the policy lapsed on june 2014. After that i have been asked through a special revival campaign to pay the balance premium amount and revive the policy.
But when i intend to pay the amount they have asked to me to go through a medical fitness examination (My age is only 32 at present) and submit a report. I have raised a query that then why they unwantedly wasting our time (Wasted 2 days for this by travelling to chennai from madurai for revival) by not mentioning anything about this on the intimation letter.
I was irritated by the response from the officials and i withdrawn my plan to revive the policy.
Now, help me how to get the paid premium as refund from the lapsed policy..