| Address: New Delhi, Delhi |
LIC of India- is a poor company and needs money
Hi All,
I bought 3 LIC policies numbered[protected],[protected] and[protected] in 2007 and have paid 3 premiums to the policy totalling 1, 20, 000. When I went to the Senior officers, they said I can only surrender the policies and will get only INR 20, 000. I think LIC is very poor and needs charity so I left the money in charity.
My suggestion to every one is we are all working class people and do not have that time to run around buildings and blocks getting our lives complicated.
On top of that, I get a call from a department called IISC- Indian Insurance Services and Complaints. First, a guy called Nikhil Sharma tel. no. +91-[protected] called me and gave me a hint that LIC has cheated on me and I can get the money if I changed the Agent code to Client ID code. He also informed me that I can get 3, 00, 000 as recovery. I asked him if it was a service that the IISC was offering and I was assured that the service was free of cost. They asked me to contact the CEO of IISC Indian Insurance Services and Complaints whose number is [protected] and when I spoke to the gentleman, he asked me to make a payment of 20, 000 to 1, 00, 000. There is something fishy going on and I can smell the rat.
I am not sure if this is correct but I have two suggestions; please do not make any transactions over the phone and please do not take any LIC policies as they are all cheating us on our money. Use banks such as ICICI, HDFC, and other private companies as they are accessible, approachable and clear in their decisions. At any point, if there is a problem, you can go to them and get the policies closed or whatever.
I never knew it would be a nightmare for me to take LIC policies; nonetheless, I would never ask anyone to buy one.
All the best and sincerely best wishes,
Tausif
Aug 14, 2020
Complaint marked as Resolved
Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.
I am not able to to register my Password and Use user ID in the agents portal
I am not able to to register my Password and Use user ID in the agents portal