Life Insurance Corporation of India [LIC] Complaints & Reviews

To,
The Chairman
Central Vigilance commission
New Delhi

Since last 30 years I had been paying the Insurance premium.in my own name.
Now at the time of maturity, LIC and their associates are harassing to me for non payment on time.
Reason: LIC wanted one new policy from me so that I can further invest the maturity amount with LIC
When I refused to deposit maturity amount with LIC, they are harassing to me since last one month for non making the payment on time.

The customer contacted Branch office, Customer care, IIRDA Insurance departments, but no any action has been initiated by LIC .

Is this not a corruption in LIC Department and un-necessary harassment to the lic policy holders.


I do not believe that LIC will Honestly pay the Policy amount after death to LIC holder

M A Majria
President
Indian Quality centre
Regd NGO S34742
A-49 Preet vihar,
Delhi 110092

To,
The chairman
IRDA
New Delhi

I do not believe that LIC will Honestly pay the Policy amount after death to LIC holder

This is to inform you that LIC is un-necessary harrasing to me in making the maturity amount on time. I am running behind the LIC Branch 11B since last one month and they are regularly harrasing to us.

on 11th April they have confirmed the following:

Sir,
Maturity claim amt. Rs. 218400.00 has been paid wide our cheque no. 0308001 dated 28.03.2013.
BO-11B

My residence is hardly 1km from the LIC branch 11B.
since last 11th April and today is 15th. I think it will further take one month to receive the cheque from LIC

Is this not a corruption. I will approach to Central vigilance commission and raise the voice against such harrassment by LIC offices to their customers.

Docket Registered Successfully !!

Pls. note your docket no for further assessment of your complaints...

Consumer : majria

Docket No. :[protected]
We thankyou for registering your complaints at our web-site. it shall be our endeavor to forward the complaint to the concerned service provider. The responsibility of the resolution of the complaints lies with the service provider as per their internal grievance handling system. The customer is advised to follow – up their complaints with the concerned service provider. The details of the nodal officer of the service provider can be had from us during any working day from 9.30am to 5.30pm.

Please note that the brand, which is not under online convergence with NCH, is not listed in the company dropdown list. For that consumer is further advised to contact NCH on any working day from 9.30am to 5.30pm. on the below mentioned numbers:
NCH toll Free No is:[protected]
Other users can contact:[protected], 27662955, 56, 57, 58
( Normal call charges applicable)


Regards NCH Web-Administrator

While opening a new account for the policy Holder, your agent speak very honestly about LIC and appreciates about its goodwill. The investors come into the net of LIC and their agents.

After 30 years, when the policy is matured, the policy holder have to face the problems in getting his hard earned money back again and again visiting branch 8 to 10 times LIC branch office visit,

I had purchased one policy in the year 1982-83, there was no any information during such years.

while submitting for accepting the matured policy, I had to run visit branch office almost 6 times for submitting the original policy. There is no positive response to the investors and policy holders when the policy submitted, it was told that the payment will come online into your account.

Till date I am running behind LIC Laxmi nagar, Radhu palace, Branch 11B due to poor services.
I think i will get the payment after next 2-3 year.
LIC policy is same like 30-40 years earlier had. LIC should change its policy and grievances should be removed immedietly. Today is the market of competition among the multinational Life insurance companies service providers.
I do not think that any illiterate person will get his payment timely from your organisation.

mailto:[protected]@irda.gov.in<mailto:[protected]@irda.gov.in>>,

To,
The IRDA
Jeevan tara building,
Sansad marg, New Delhi 110001

The Branch Manager
LIC India
New Delhi

Dear sir,
Seeking information under RTI act 2005

Reason for non _making of the payment for maturity amount.

Non receipt of confirmation of payment of my maturity
policy no is[protected].
I am running behind your LIC for the maturity amount, but there is no any response . Either I will have to give new policy then only I can get the matured amount. Is this not a monopoly or promoting the corruption.
Is this not the duty of LIC to inform to policy holder and send their customer relation officer to resolve the grievances.
We as customer have to be face the problems.
This problems we do not face in opening a new LIC policy.



Subject: Non Refund of maturity amount policy no:[protected].

LIC _ While opening a new account for the policy Holder, your agent speak very honestly about LIC and appreciates about its goodwill. The investors come into the net of LIC and their agents.

After 30 years, when the policy is matured, the policy holder have to face the problems in getting his hard earned money back again and again visiting branch 8 to 10 times LIC branch office visit,

I had purchased one policy in the year 1982-83, there was no any information during such years.

while submitting for accepting the matured policy, I had to run visit branch office almost 6 times for submitting the original policy. There is no positive response to the investors and policy holders when the policy submitted, it was told that the payment will come online into your account.

Till date I am running behind LIC Laxmi nagar, Radhu palace, Branch 11B due to poor services.
I think i will get the payment after next 2-3 year.
LIC policy is same like 30-40 years earlier had. LIC should change its policy and grievances should be removed immedietly. Today is the market of competition among the multinational Life insurance companies service providers.
I do not think that any illiterate person will get his payment timely from your organisation.



SUMAN DEVI
w/o Mahendra agarwal
A-49 Preet vihar, Delhi 110092
[protected]
Subject: FW: Non Refund of maturity amount policy no:[protected].. IRDA token no.:[protected]

Sir/Madam,

Please refer the trailing mail for details of complaint registered under ICMS vide IRDA token no.[protected]. Kindly resolve the complaint on priority basis.

Regards,
AO/CRM
Central office

My policy No is[protected] maturing on 28th December 2013. I want to know the maturity amount.


R Sivakumar

iwant to know the premium due and premium date. and maturity date and maturity amount. my policy no.is[protected] doc is 11/2003

Money back policy — MY BALANCE

I HAVE A MONEY BACK POLICY BUT WRIGHT NOW I DON'T HAVE POLICY NUMBER SO CAN YOU PLEASE TELL MY ACCOUNT BAL. I HAVE AN ACCOUNT IN YOUR BILIMORA BRANCH IN GUJARAT

money back (jivan bima) — about due payment

How mutch due payment?
How mutch already paid?
When i will get money back return?
Can I take Loan?

To complaint

Name-abhishek kumar verma
at- muzefferpur
it work LIC OF INDIA, DELHI HEAD OFFICE
phone[protected]
mob-[protected]


my name- munna ansari
mob-[protected]

matter- hamne 13 march 2013 ko Rs. 49800 rupees bhej diye hai abhi tak rasid hame nahi mila. Aur nahi comisson ka paisa mila. 3 policy ka paisa uthana chahte hai wo bhi nahi huwa

LICI — not received call leter for assistant exam held on 28/09/2008 under guwahati division

I shri Rajesh Deb Barman till today not received call leter for assistant exam held on 28/09/2008 under guwahati division, so kindly send me by mail ASAP.

LICI — AGENT CHEATED

AN LICIsAGENT IN VARANASI HAVE DONE A POLICY CALLED FUTURE PLUS IN 2006.IN 2007 HE CAME AND SAID THAT I AM SWITHING THE FUND.BUT HE SELL IT AND INVESTED THE AMOUNT IN MARKET PLUS. I SIGNED BECAUSE OF FAITH IN HIM.
I WANT TO KNOW WHAT RECOURSE IS AVAILABLE.

awaiting for result of assitant recruitment held on 28.9.2008 from kolkata zone, assansol division.please let me know the approximate date of result publication.

I am waiting for the result of assitant recruitment held on 28.9.2008 from kolkata zone, assansol division.please let me know the date of result publication.

Sir,
On the 30th of June’08 I bought ten lic profit plus policy of Rs.20000/- under the name of my wife and my younger brother, the policy nos. are[protected] to[protected], the branch code is0999049. Now that I need the policy paper for seeking finance from a bank, I don’t have the papers to lien it. Even though I ve made numerous request, it is going into deaf ears. Everytime, they provide me a consistent and a simple reason for not issuing, that is “no bond papers”. According to them I’m not the only person going through this ordeal. Under this circumstances what is the most appropriate thing to do? Urgent suggestion pliz.

Khagemba sanabam
19th dec ‘08

LICI — not issuing policy papers

Sir,
On the 30th of June’08 I bought ten lic profit plus policy of Rs.20000/- each under the name of my wife and my younger brother, the policy nos. are[protected] to[protected], the branch code is 0999049. Now that I need the policy paper for seeking finance from a bank, I don’t have the papers to lien it. Even though I ve made numerous request, it is going into deaf ears. Everytime, they provide me a consistent and a simple reason for not issuing, that is “no bond papers”. According to them I’m not the only person going through this ordeal. Under this circumstances what is the most appropriate thing to do? Urgent suggestion pliz.

Khagemba sanabam
19th dec ‘08

Result

Dear sir,
i fully agree with such types of problems in lic.i myself have suffered with thease.go to www.licindia.com
register.
enrole your exhisting policies to get free sms on premium payment.

other waise go to grevence redresal section and file your complain and i am sure you will get the papers.incase of loans, and non refund of bonds after repayment of loans etc...you may get help.
if agent is not co-operative report.

regards

bijeet.

LICI — Non receipt of Survival Benefits

Sir,
One of my Money-Back policy numbers is[protected], - Under Nagaon (Assam) Branch.
I want DETAILS of the payments made to me against my 'Survival benifits', and how and where those amounts were dispatched.
I or/and my wife have a couple more of such Money-back Policies. Same are the cases here too. I shall be mailing those Policy Numbers also, but RIGHT NOW, I do urgently require the full-details against my LIC Policy No[protected] of 27/3/1987.
With regards,
Vedanta Madhav
K. A. Road (Opposite : Kola-Mandir)
Fouzdaripatty
Nagaon-782001, Assam

i am waiting for result of assistant recruitment held on 28.9.08 from guwahati division.please let me know the date of result publication.thanks

LICI — not receiving of paid up value/instalment of my policy no 310209053

Sir,
I have not yet received my paid up instalment of my policy no[protected] of Lici which was due on march 2008.I have lodge complain at lici site on 27 04 2009 & complain no is 178652 I also send complain letter to related branch of lici.but no any responce from Lici.
from
CS Chaurasia,
Atarra, Banda UP
mob.-[protected]

LICI — delay of surrender value payment

sir
I had 3 policy (no[protected] & 46434920 &[protected] in lic . i was sent them a surrender letter
before1 month.but till today i was not recived any reply from them.a recive copy of the surrender application attached with this complian

THANKING YOU
SURENDRA NATH DUTTA
MOB-[protected]

LICI — Non-receipt of Accidental Benefit from LIC

Sub: Accidental benefit and premium waval benefit of the deceased Nirmal Chandra Payra

Re: Policy Nos.[protected],[protected], S/[protected], S/[protected],
[protected],[protected], S/[protected] &[protected]


Dear Sir,

I have submitted all the required documents at LICI Egra Branch Office on. 02.03.2005 for the above subject. However till date I have not received any communication from your branch office towards above subject. I have intimated the matter to your Howrah Divisional office also but the result is same.

I have repeatedly written letters to the branch Manager then Divisional Manager also to the Zonal Manager, Grievance Cell-Kolkata. I received one reply from Zonal Manager stating about scrutiny of the subject during 3rd quarter of the year 2006. After that have repeated sent reminders but no response received.

I have become really upset on LICI. All the officers, Managers, Sr. level Managers etc. can not give any solution.

My expectation was at least one letter, whether I shall get the benefit or not. If not; then reason for the same.

It may please be noted that I have submitted all original documents, e.g. post mortem report, Final police report.

I request you to kindly take-up the matter and let me know the status. In case of requirement of any further document other than those are already furnished, may please be informed me.


Thanking You
Yours Faithfully


Sagarika Payra

LICI — policy not receive

I have not yet receive the policy documents of LICI policy no.[protected] ,which was commenced on 28 May,2009

pl issue the policy

Dear Sir
I am a LICI agent, Our Bashirhat branch recently decided that every agent should be open a new Zero balance account from Axis Bank,
But I have already a difference type of easy access savings Axis Account,
Is it must to reopen a new account.

Regards
Priti Bhusan Mondal

LICI — Delay of payment

Policy No.[protected],Money back Cheque is not yet send by the Tamluk Branch and so many causes arised by the office and misguded me regarding the delay of payment.

L.I.C.I — I did not receipt any cheque from L.I.C

Sir,
With due respect I would like to inform you that I have a money back life insurance policy ( policy No :[protected] of L.I.C.I.

The matter is that I did not receipt my last term money back S/B cheque from the end of L.I.C.I . I did appeal to the Alipurduar Branch .of L.I.C.I and Branch manager said that they are look offer the matter. Few days latter when I equeival about the matter, they informed me that a cheque has been send and it’s Benn encased .whether the fact is that I did not receipt any cheque from L.I.C.I ,It was be some body else as same name person .But the L.I.C.I and the Draw bank is not co. operate with me are even they both are not taking inihatiac to solve out the matter .



Sir, I did a written appeal to L.I.C.I , alipurduar Branch .that matter dated are 31.08.2010. But till today I don’t get any response from then .

So I request to you please some the matter inform of me and do the needful.

Thanking You
Satyandra Chandra Das
Email: [protected]@gmail.com
Mob:[protected]

LICI — FIND OUT USERNAME & PASSWORD

I have forgot LIC User ID and password of my policy being policy no.[protected], date of birth 10/01/1976 and annual premium Rs. 2093.

Please do needfull.

NIMAI PAL

LICI — forgot login password and username

I have forget the LIC login password and user name of http://www.licindia.in/online_payment.htm.how can i get it back or reset.pls help me my date of birth 08/01/1978.policy nos[protected],[protected],[protected],[protected],[protected],[protected],[prot...⇄

I have forget the LIC login password and user name of http://www.licindia.in/online_payment.htm.how can i get it back or reset.pls help me my date of birth 08/01/1978.policy nos[protected],[protected],[protected],[protected],[protected],[protected],[prot...⇄

LICI — LIC NOT REFUND MY MATURED VALUE

Dear sir/madam

I am RANJIT SHAW residing at 18, Canal Street, Kolkata – 700 067, had a LIC Policy with CBO Branch No. 16 which was supposed to be matured on August 2012. But till date I neither have received any intimation for maturity nor received any proceeds from the LIC.

I came to know on visit to LIC office on 12th April 2013 that the aforesaid policy has been matured and encashed by another same name person Mr. Ranjit Shaw under the Bank Account No. [protected] with Park Street Branch of Karnataka Bank, though the above Ranjit Shaw and the respective Bank Account is not belongs to me. The original Policy is still lying with me.

Therefore you are requested to take the necessary steps to recover the maturity value.


Thanking you

RANJIT SHAW
M-[protected]

LIC Housing Finance Ltd., — Interest on Housing Loan

Dear Sir/Madam,

This said company has charged at a higher interest rate. My loan is a floating one and whatever current market rate it should be applicable to me also. But when I enquired the reason for higher charge I was told borrowing rate has been increased. If this rate is increased it shuold be applicable to all. However they are showing ad in tv with lower int rate.When inquired they are telling that is for new customers. Sir I have taken the loan just 5 months ago. They are playing with our life and simply expoliting us. They do not have fear of God.

Please take some necessary acttion to save the public.

Regards,
Santosh

i have applied for home loan which was rejected on the ground that my name is listed in CIBIL site. I told them that i have never raised any loan from any bank or any financil institution and due to some mistake my name is reflected in the CIBIL site and they rejected my proposal. After that i tried to contact one executive Mr. Ishant Taneja (Phone No. [protected]) who was dealing my case, who was dealing my case, but he did not picked my phone since then and he put some other executive on line, who told me that Mr. Ishant is busy in the meeting and your file will be returned in a day or two i.e. 6th or 7th March, 2010. . This attitude has started soon after my loan was rejected and he was sure that he won't get any incentive from my proposal. I want to know that is an executive of some DSI or LIC is so busy he did not get time to attend a phone call or call back. Till date i have not received any phone call or my papers.

I request you to take necessary action and take necessary action against the said person for his unprofessional attitude.

regards,

Ashok KUmar Koli

I really do not understand the logic between the different interest rates for old and new customers. If LICHFL is making profit by giving loan to new customers @ 9.9% then this means they are making more money from old customers by charging 11%.
Can some one please let me know the fundamental between various interest rates for old and new customers ?????

This is the same case with me. I also have availed a housing loan initially from LIC HFL at 8.9% and now they suddenly raised by 11.9 % without any intimation. Strange in this is, 11.9 % only apply for Old customers but for new customers its 9.9%.
LIC staff was not having any comments on this when we raised this query, "why this is different rate for new and old customers?".

I think let us join together and fight this case in the Honourable High Court for Justice.

life insurance of corporation — i lost cheque or money back policy

AS I RECIEVED CHEQUE FROM LIC MONEY BACK POLICY FROM INDIRA NAGAR BANGALORE ND I LOST IT WHILE CHANGING MY HOME, NOW IHAVE TO GET HTAT CHEQUE ND CHANGE MY ADDRESS TO NEW ADDRESS, WHAT IS THE PROCEDURE TO GET MY CHEQUE ND CHANGE MY ADDRESS, ALREADY IHAVE SHIFTED HOME TO 42O KM FAR AWAY ND IM WORKING THEIR.
PLS HELP ME IN THIS REGARD TO RECIEVE MY CHEQUE. I GOT CHEQUE NUMBER.