Life Insurance Corporation of India [LIC] Complaints & Reviews

LIC of India has opened a new marketing channel known as DIRECT MARKETING
FOR THIS CHANNEL THEY HAVE HIRED DIRECT SALES EXECUTIVE(DSE).
I am one of the Sales Executive selected , selected in mid of june 2010
This is to inform everyone that:
1 This is not at all properly defined channel
2 Lic is very unprofessional & careless in intimating the job profile & structure of DSE in the recruitment...

LIC's Market Plus (Table No.181); Policy No.[protected]; Date of Comm: 21.3.2008
Single Premium Policy Premium paid : Rs.50,000/-
Gentlemen,
So far I have not received information regarding initial number o[censored]nits alloted to me at the time of inception of my above-detailed policy.
Kindly send me the details of the initial number o[censored]nits alloted to me.
RONAK JAIN
184-A, Parshwanath Colony, Anted Road, Ajmer (Raj.)-305004.
Mobile : [protected]. Tel. No.[protected].
E-mail : [protected]@yahoo.com

I want to know that how many unit allot against mention above write the policy and I know currentNAV rate

LICHFL,
This is with reference to LIC loan approval file number 130200. I was cheated by Mr. Ramesh Pawbake in various aspects of the home loan and even asked for bribe. Areas of cheating were as follows:

no explanation of EMI
Just took my documents and did not show up for ages
submitted the preprocessing charges without my knowledge
promised me that he will waive off some morgatge fees worth 15000 which no other agent or bank even mention
asked me to pay 4000 if I want disbursement on time
did not explain about the 15 years tenure

May God punish this man. Truly unprofessional service

Regards,
Kaustubh Naik

There is a party who have I sold my Thane based flat is approched to LICHFL,Thane branch for housing loan. From the starting the LICHFL 's demands of various documents and prolonged varification process create a havok for us. Resulting unreasonable delay to disburse loan frustrait both o[censored]s. I suggest to all, who are dreaming for there sweet home please try another option for housing loan than LICHFL.

SUB:TO Forgot My User ID & password of lic account

Dear sir,
I forgot my user id and password for Policy No[protected], because of this I am not able to pay my premium. Could you please do need full as soon as possible so that I will be able to login and can pay premium timely. Please send me details at this email address :[protected]@gmail.com
please send my User ID & password sir
THANKING YOU
Policy No[protected]
Name -Devnath Yadav
DOB – 23/05/1987
Premium (YRLY) – 24761.00

i am holding a policy in lic LIC MONEY PLUS no[protected] but i am unable to locate fund value nobody is picking up the phone complicated proceedure to find my account status i want to redeem my policy

HELLO SIR/MADAM,

MYSELF SANTOSH PANWAR, APPLIED FOR LIC CREDIT CARD MORE THAN 2 MONTHS BEFORE BUT TILL DATE I HAVE NOT RECEIVED ANY UPDATE ON THIS TILL TALE. I CALLED UP MANY TIMES TO THE LIC OFFICE DELHI AS WELL AS CORPORATION BANK DELHI WHO ISSUE CREDIT CARD, BUT THESE PEOPLE DNT HAVE ANY CLUE ABOUT THE APPLICATION APPLIED FOR. CAN YOU PLEASE CHECK ON THIS AND UPDATE ME THE STATUS ATLEAST IF ITS REJECTED OR PROCESSED.
MOBILE NO-[protected]
DATE OF BIRTH[protected]
SANTOSH PANWAR

LIC OF INDIA Complaints - NON-RECEIPT OF ORIGINAL POLICY BOND
LIC OF INDIA
Location:CBO-4, Meerut, Uttar Pradesh
Posted:[protected]
NON-RECEIPT OF ORIGINAL POLICY BOND
Sir,

1. I had taken Life Insurance from LIC of India, BIMA BACHAT with Policy No.[protected] with Date of Commencement[protected] from Branch CBO-4,Meerut,UP.The agents name is Mr VP Singh and the policy is in my name.

2. It is regretted to inform you that despite repeated telephone calls to Mr VP Singh of LIC of India,-CBO-4,Meerut, and verbal request made to Sr Branch Manger, LIC of India, CBO-4,Meerut for a duplicate policy- I have failed to get the bond document.The Sr Branch Manger, LIC of India, CBO-4,Meerut had stated that my agent had collected the original bond and I should contact Mr VP Singh for the original bond. I rang Mr VP Singh and the hundredth time some excuse was given -He has broken his leg and would send the Bond soon.However, I have not received my original Policy Bond till date and am wondering whether I would ever recieve my original Policy Bond this year.

3. It is requested that Mr VP Singh be instructed by the Sr Branch Manger, LIC of India, CBO-4,Meerut to send me the Original Policy Bond at the earliest .

With regards,

Colonel Tummala Amarnath

Dear Sir/Madam,

I am Yogesh Hans from faridabad city. I applied the loan with LIC house finance in the month of May, 2010 due to BPTP elite floor property reason in sector 76, nehar par, faridabad & file number is 213418. My agent name is Vineet Kohli ([protected]) who was from DSR on behalf of LIC who had resigned the job during the processs of my loan in the last stage & joined Standard chartered bank & did some changes in Agreement paper which I was not aware & did some wrong statement & things to me which I am not satisfied with all committment & job approach I mean expression was totally negativity which not me, anybody who is customer cant afford such huge mistakes in life. But due to some technical reason this deal has been cancelled on 17th July. 2010 & same request in a form of application I have raised to LIC office on 17th July, 2010 please cancel this loan request & refund my fees as. As suggested by Sweta to write a application & submit to us. I given them in written on 17th July, 2010 but still there is no action regarding the fees refund. I am not satisfied with the services of LIC.Whenever I called in LIC Home Finance faridabad branch to ask about my refund fees, they always used to speak please speak to Atul, Atul says please speak to Sweta she is the manager for such request, when I speak to Sweta, Sweta repiled please speak to Atul, then Atul says speak to Ritu, Ritu replied please speak to Sweta or Atul but did not get any response in a proper manner what is is going on there, sombody says will let you know on 6th Sep & 10th Sep & you will recieve the same from faridabad branch else they couries the DD on my residence address but nothing happened till yet. I have the cancellation letter with me along with duly stamped & singed by Area manager LIC home finace faridabad branch. If you need please let me know will provide you. This totally wastage time of the customer & lot of phone calls made during this period & harrashment & unfair which any body can't affort such things in their lives. I want please take necessary action towards them & I want my processing fees back which is around 10000/- as a DD courier on my residence address. You can see today is now 7th October, 2010 & 3 months already been completed but still there is no result. If you have any query please let me know or you may contact to me on my cell number i.e [protected].

My residence Address: A-3293, Street No.6, SGM Nagar Near NH-3, NIT Faridabad.

Thanking You
Yogesh Hans
[protected]
Email: Yogesh.[protected]@yahoo.co.in

This has reference to my LIC Policy (No.[protected]. I have undergone severe harassment in revival process of this policy and the same is solely due to careless and irresponsible way of work of few LIC employees. The entire process took more than seven (7) months since February 2010 and still the matter is not resolved by LICI, leaving me in disappointment. The matter become little directional when I complained through LIC’s website on 30th August 2010 (Complaint No. : 267428). As a result of this complain, I got ZUS report through email from PS Deptt. (“ps.[protected]@licindia.com”) dated 10th September 2010 advising for various fresh reports, which I had already done through LIC-approved hospitals. This is not acceptable to me as a customer, having strong relationship with LIC since last twenty (20) years. I need immediate revival of the policy without any more delay, proper action against those who forced me to undergo harassments and compensation towards my suffering and loss of days for the purpose of doing examinations repeatedly and attending LIC’s Office several times.
Details may be referred from the Letter dated 13.09.2010 addressed to LIC.

I have taken home loan @8.75% in Aug 2009, within six months interest rate raised to @10%. Due to which my loan period increased straightaway from 20 years to 25 years. But till date (Oct.2010) new home loan rate for LICHFL is @9% only. I dont understand why this difference is their?

Mahesh Kanse

Hi,

LIC India site is down.
Not able to make premium payments online.

Error message when "Pay Premium Online" link is clicked:

"We are unable to process your request.
Please try again later or contact LIC for further details."

Kindly please look into the matter at the earliest of opportunity.

Regards,
Customer...

Despite several written and verbal complaints to the Officials of the concerned LIC Office I have not yet been able to receive my commission for the undermentioned policies.

Policy No. T/T Premium Date Comm.
[protected] 80/20 5000.00 8/7/07 500.00
[protected] 79/20 3745.00 8/7/07 361.75
[protected] 89/21 5362.00 8/7/07 1340.50

You are please requested to do the needful and inform me the same.

Yogesh Kumar Chauhan
[protected]
Meerut

The 3rd premium of Rs 50,000/- for Market Plus Policy No:[protected] of my daughter, Manisha Mohandas was paid in Feb 2010.

In spite of this, I got a mail intimating that the policy has lapsed. immediately I called LIC Kodambakkam office, where your staff was very reluctant to take this issue up. Finally they took the policy number and my contact number. But there has been no call from your office, as promised..

Here is a case where the customer has clearly stated that the the amount was towards premium. The agent ( THIS AGENT IS SAID TO BE YOUR "EMPOWERED AGENT"). The agent has also accepted that his staff has mistakenly credited the amount as TOP UP amount. Now you are not willing to take the responsibility for the mistake committed by your empowered agent, and are insistent that your customer pay the price and penalty for the same.

To this i got a reply as below:

"we wish to inform you that we have taken up your case with our technical team at Mumbai for rectification.Kindly bear with us for the inconvenience caused to you in this regard.
Assuring you of our best services at all times"

It is now past 3 months and 30 mails to LIC....no response. I am to keen to take this up to the end.

Please guide me.

Regards
Mohandas

hamara home loan hai,jinka loan tha,unki last year death ho gye hai.8 month ke baad hum payment deposit karwane chandigarh gaye,unko humne bola ke SH.ramesh chand ji ki death september 2009 ko hui hai kirpa karke hamari loan amount jo kam se kam ho sakti hai bata doo.wo interest OR late instalment charges plus karke amount 160000 bata rahe hai.2LAKHS ka loan hai,humne 2,07000 payment di hai.aap hamare saath insaaf karo.ghar mai kamane wala koi nahi hai, payment 70000 tak mushkil se jama ki hai jo hum de sakte hai.ENFORCEMENT wale bhej denge keh kar tang karte hai.old mother kaha jaye.ek beta tha wo bhi bhagwan ke paas chala gaya.

Respected SIR

I have the honour to state that i have purchased one lici policy no[protected]
doc 28/12/2008 table 48 ppt 10 years term20yrs from lici GBO- I PIN 781001
for sum assured 100000/.
through ECS payment from my UNITED BANK OF INDIA G.S.ROAD BRANCH

ULUBARI GUWAHATI 781007 VIDE ACCOUNT NO[protected].
After 18 th moths ecs cutting upto 28/05/2010 ,my ecs monthly cutting from
my bank account was stopped till to day .I Complain the matter through my
agent to lici DIVISION OFFICE GUWAHATI 781007 ,but with no result.
Please suggest me what to do .,after non payment of ecs for 6 month this
policy will get lasped and it will not pssible for me to pay a huge amount.
So please suggest .
Thanking u SIR
HILLOL BASAK
SONIRAM BORA ROAD
BYE LANE-1 ULUBARI
GUWAHATI 781007
03/10/2010

every year by mid -september lic h f l informs us about the monthly installments to be paid for the next 12 months so that we could send the postdated 12 monthly installment cheques in advance . This year they have not mentioned the amount to be paid so far. kindly take up the matter. . This has to be added to my previous complaint.LIC HOME LOAN a/c no .20008588...cochin office.

From,
dr p k kuncheria &dr annmary kuncheria
lic home loan no a/c no 20008588

To
the area manager, lic hfl, cochin

a policy of dr annmary kuncheria which was pledged to lic hfl cochin amounting to Rs. 1.64 lakhs got matured on 29.03 2010. Since it was assigned to lichfl ,it should have been credited to our outstanding amount on 29.03. 2010. Unfortunately due to the negligence of the staff ,it was credited to our outstanding amount only on 23. 06 .2010.,thereby creating a loss of interest for about 87 days. [from 29.03.2010 to23.06.2010] ...So i rquest your good office to take up the matter with LIC hfl and deduct the interest overcharged on Rs 1.64 lakhs , for 87 days.with thanks.

Dated: 30.09.2010

Dear Sir, my insurance policy no. is[protected] and my premium of said policy is due on 23rd Sept 2010 (Last due date is 23rd Oct 2010), and on 28th Sept 2010 I had paid the premium through net banking, but after paying my premium I am still waiting for my E-Receipt.

Usually I got my receipt instantly thats why I am writing to you.

Waiting for your earlier reply

SANDEEP KHANNA