Life Insurance Corporation of India [LIC] Complaints & Reviews

Dear Sir/Madam Sub:[protected]Original Policy Document not issued till date with respect to the above mentioned subject i would like to bring some grave lapses on your organisation and associated agents involved in this process. I have this policy in the year 2011, and have not recieved the original document till date. i have paid the premium as per the requirement. Any claim if to be made would neccesssiate the policy document at the first instance. 1) As a company of long lasted repute you have failed to keep the track of such issues. 2) When the local branch at Khammam was contacted for the same they informed to contact the processing agent. 3) When the processing agent Ms Vittal Bhai-0245664K/2009 was contacted, she had promised to get the document delivered which is still not executed. Off late we have come to know that the processing agent is not even academically qualified to become an agent. However I would even explore the possibility of taking up this issue in a greater forum if this mail of mine is not considered for appropriate action. 4) Getting the policy processed by an unqualified person would bring the organisation a good business but not a correct applicable policy for the person concerned since they will be more interested in thier benifit rather than social concern towards the policy taker. All the policies processed by such type agents would be by someone else and not by self, hence the processing agents would not even know the subject but they are getting benifitted by just fooling society. There are lot of people who have availed the policies by her and have got into same loop of suffering. 5) Her husband Mr Ramana Rao (1989/64k 2004) is also an agent with you and is been also considered by your company in a category of high achieving agents. Without having moral and social responsibilty no individual nor can a company grow . These type of people will make good money for themselves and bring good business to your organisation but as a team you fail. 6) If I escalate and appeal this matter legally, I am so confident that they can never prove themselves as a qualified processing agent. Most of the policies processed by these agents are only contact based, thier effort is nil and are unfit to be processing agents. A correct disciplinary action is a must in this case. Warm regards padma [protected]

My name is Venkatesan D who is the holder of the policy bearing #[protected]. Due to financial crises I have made my decision to surrender the policy. So i have approached the LIC Chennai - Anna Salai branch on 9th Feb 2015 and have submitted all the required documents for the said proceedings. So far I have paid 1.45 lakhs but so my surprise I have got the SMS states that my ICICI bank has been credited with 1.09 lakhs. My complain here is why would I not paid what I have paid all these years. I am unemployed for almost 3 years now - even a single rupee which makes lot to me these days. I am not expecting bonus or interest from the policy but then my least expectation is I should be credited the money what I have paid excluding all process fee (if there is any). After seeing this I am so stressful which adds up my mental agony. This policy being surrender to pay my boy's school fees next year is the primary reason and now i am so disappointed / helpless. I have surrender couple of other policies (from companies like ICICI Prudential, SBI etc., ) and have received the exact amount what i have paid so long (with or without bonus). I hope someone can help me for remedy. Regards, Venkatesan D [protected]@gmail.com

Dear Sir I have a policy with LIC india at Siddipet Branch no.73A, Janani Complex, near Hyderabad road, Madak – Dist.. ( Telangana - sate ) Policy no is [protected]. Sir every 4- years I taking the 5000/- rupees due to asper policy, But second time I not received the amount and I submitted my details at LIC office (siddipet) on 16-Jan-2015, later I received SMS for NEFT registered from LIC on 17-Jan-2015, at – 15:07 hrs. But still data I not received amount. So please do needful as earliest. Regards, C. Muni Kumar, Cell No.[protected]

I have surrended my ULIP Policy no.[protected]_Profit Plus (T no.-188)to LIC Office Patna Branch -3, Jeevan Deep Buliding, Exbition Road, Patna on[protected] with all relevant document. But till date Policysum assured amount is not credit to given bank A/C.

Kindly update my e-mail address as [protected]@ymail.com Please note, I have forgot my password, hence unable to login. Request yourself to send my password to my new e-mail address enable me to get my premium receipts & not able pay Premium of LIC also. Policy no..[protected] Name .. Vijay Singh Thanking You, Vijay Singh

Dear Sir/Madam,

Please Refer Below mails,

LIC Premium debited from Bank(HDFC) on 14 feb last week from my Account but still Premium was not paid & couldnt get Paid Receipt

Please clear the issues & help me to get status & Paid Receipt ASAP

Name: Baskaran V
Policy Number :[protected]
Bank Transtation Id: 30635
Mail id: [protected]@gmail.com

Regards,

Baskaran V

Dear Sir, Manager of LIC Branch code:-871 Subject :- Money back policy cheque not received. Police No :[protected] Name :- Vikeshkumar Sanabhai Machhi Plan :- 179 Term :- 16 D. O. C :- 28/01/2007 Sir, with reference of above motioned policy still I have not received cheque and this policy has been assigned with Bank of Baroda. This time by mistakenly above motioned policy cheque has been issued on my name and on my home address but it suppose to be issued for Bank of Baroda, This information has conveyed to me through Mr. Bipinbhai Shah (LIC agent). Kindly take necessary actions and issued this cheque on the name of Bank of Baroda. Regards, Vikeshklumar Machhi Mobile No:- [protected] Mobile No:- [protected]

Respected Sir, I have taken LIC JIVAN SARAL (WITH BENEFITS) Policy with Policy No.[protected] on 14/09/2011. Premium for the above said policy was 1021 per month and total months were 40, which means total money paid by me to Life Insurance Corporation of India through premium comes to Rs. 40840 and I surrendered the same policy in 01/2015, i.e. on completing of 3 years 4 months. On 02/02/2015, 05.33 PM I received message from LIC on my Mobile No. [protected] stating that, "Dear Policyholder, we have registered your policy no[protected] under NEFT with STATE BANK OF INDIA under A/c code xxxxxxx1917". And on 07/02/2015, I received amount of Rs. 24, 114/- through NEFT in my State Bank of India Saving Bank A/c. Sir, if you calculate the difference in the amount paid by me to LIC through premium which is 40840 and the payment of Rs. 24114/- which I received from LIC through NEFT in my SBI saving bank a/c. comes to Rs.16726. I am feeling cheated. May be there are some charges to be paid towards surrending the policy before actual terms of 15 years or may be the policy is market dependent but there should not be loss of Rs. 16726. Upto 3000 to 5000 loss is acceptable but diffrence of Rs.16726 is not acceptable in any circumstances. Please, help me in this case. I will be thankful to you. My contact details are as under DINESH MAHADEO KOLHE Plot No. 125, Near Ganesh Temple., Bhawani Nagar, Bhandara Road, Pardi, Nagpur - 440008. Contact No. [protected]. E-mail id - kolhe.[protected]@yahoo.com

Dear Sir/Ma'am, I have a LIC policy of Policy Number[protected]. I am paid the amount on 18.02.2015 (Time : 19.20.51) through net banking and receipt has been generated. Again, Premium amount has been paid on 19.02.2015 through my SBI credit card by credit card depertment and the transaction number is[protected]. So, double amount paid for a single policy. Please check and revert the SBI credit card amount (24020.00) as soon as possible. I am given the below information- LIC Policy Number[protected] Policy Holder - Ahshanur Rahaman Premium Amount - 24020.00 (Yearly) Commencement Date - 21.01.2011 For any other information, you may contact on below mentioned mobile number. Mob-[protected] Thanks & Regards, Ahshanur Rahaman

Sir I would like to draw your attention to the fact that I paid online a premium of LICI of Rs 26299.68 on 16/02/15 against the policy number[protected] under Dhanbad Main Branch through IDBI GATEWAY by SBI Credit Card. But the amount though was deducted, it was not credited against my said policy. Kindly inquire the matter and release the premium receipt at the earliest to the customer, s below address. s.[protected]@rediffmail.com

Dear Sir, Myself Rakesh Bhagwat Nehete & i am having money back policy[protected]. I have assigned this policy HDFC for home loan & now though its 10 years completed on 19/01/2015 to policy, 20% amount cheque not received to HDFC bank or me.So may i know how much it will take to reach cheque to HDFC bank, Aurangabad.

Dear Sir,
1. I am having LIC Policy No.[protected] at BO 364(Shamli Branch). I have forgotten my LIC User ID and password.

2. Request provide me new LIC User ID and password as soon as possible on my E-Mail ID- amit.[protected]@gmail.com.Also, I request to register my E-mail ID and mobile number ([protected]) with my policy

3. I shall be grateful to you.
With regards,
Amit Tomar
15 February 2015

When I tried to update my family details, i get the error as"First name is an invalid entry" Please check. I tried a ll the possible entries but failed. I am planning to bring all the LIC policies (including self, wife and children) under one user login. Please help

We are a group of 4 senior citizens who have duped by our LIC agent with regards to our LIC policy. Our cheques and payorders have been misused for opening other persons policies and fake LIC deposit receipts issued. Our policies have lapsed in the year 2013 and notification of the lapsed policies came only last week.We have lodged a written complain to the Branch Manager ( LIC Branch 929 ) with photocopies of required documents.Please advise. My details Thomas DSouza Cell #[protected] email: [protected]@yahoo.com Policy No:[protected]/34 LIC Agent Details Rajshree Vaidya Agent Code:01228929 Branch Code:929 Opera House, Mumbai

This is the subject matters, I have applied for 1. List of Documents 2. Photocopies of the Title documents after filling the subscribed form and payments of Rs 1686 vide PDC which has already debited from my account on 18 th March 2014 for house Loan account bearing No. [protected]. Through out I pursued case through mail & telephone to the Area Manager of LICHFL and meet personally on the subject matters on dated 03.02.2015. During peruation a mail was forwarded to me as per below: "Dear sir, As per trailing mail we wish to inform you that we are making regular follow up with our stock holding for sending the original file under loan a/c no 11035849 but due to shifting of premises of stock holding, the original file under loan a/c no 11035849 has been mis-arranged. They are re-arranging files which is time consuming. So you are requested to bear with us for delay. Thanks & Regards, Servicing Department Delhi Back Office [protected], 43524583/84" During meeting, a mid path was decided, but no concrete action has been adopted. Therefore Pl look into the matters for providing the photocopies of my Loan Documents at earliest, since I am requesting from last 1 year or so. Akhileshwar Dayal Sahu Faridabad [protected]

Dear sir/ madam, As your kind information that i have taken a LIC policy from 14 January 2011 and the Policy name is Bima Gold, due to this policy every four years money refund, but after completion of four four years my amount is not sending in my account.. So please send me the updated detail and also please confirm what is the requirement for this process my all detail is given below ... Name- mohammad Aslam Policy Name- New Bima Gold Policy Number[protected] Agency Code- 0131221S policy refund date- 14/07/2014 (first installment) Half yearly Deposite - 12544 Rs LIC branch Address-21S, LIC OF INDIA, INDIRA NAGAR LUCKNOW Br 21S, BOOTH NATH MANDIR COMPLEX, INDIRA NAGAR LUCKNOW -226016

Dear Sir/Madam, I paid my policy number[protected] online for which no receipt has been generated. The transaction number is[protected]. Please help me with getting the reciept. This is cheating being done by LIC. They recieve payments and don't give reciepts. The height is there customer care doe not pick up there calls. Please send the reciept to my registered mail in LIC [protected]@gmail.com Regards Rohit Sharma...

I have a LIC policy of Policy Number[protected] which premium due date is 21.02.2015 (Last date). I have paid the premium amount of Rs-24020.00 through my SBI Credit card on 27.01.2015.But premium receipt copy does not generated. Please check and generate my LIC premium receipt copy as soon as possible Thanks & Regards, Ahshanur Rahaman M-[protected] Policy Number[protected]

In 2012 when LICHFL sanctioned me the loan, the rate of interest (floating type) was 10.40% (from the begining the agent promised me to give this rate) but immediately after that, when I asked for documentation then it appears to be 11.75% and it is continuing till date, no changes from 2012 onwards. When I contacted the LICHFL agent then he provided me with some funny reasons then he stopped picking my calls and also misbehaved with me. I want to know is this the real business strategy of LICHFL. I will raise the issue to consumer forum and also alert everybody I know or my family knows regarding this cheating of LICHFL...Biswajit Malick-[protected]. Loan account no[protected][protected]

Sir, My father had taken three Pension Policies from Andaman branch and death claim applied on 11/11/2014. The Policy Nos.[protected],[protected],[protected]. But till date the policy claim didn't settled and branch officials told didn't know about it and contact the Zonal office. Please settle the claim at earliest. Thanks & Regards, Nishanth Arora