Life Insurance Corporation of India [LIC] Complaints & Reviews

Dear Sir,
I am to bring to your kind notice that my Lic policy no. is[protected] in the name of G.V.S.H.Sai Kumar.This is profit plus policy. I want to bring to your notice that the premium of this policy is not accepted at my branch stating that there is a problem with regard to accepting the ECS payment for the past 14 to 16 months. My monthly premium is Rs..3000 and the amount to be paid to keep my policy live is increasing month by month and it might become impossible to revive the policy. This is inspite of my interest to keep the policy live.The branch Officials were not able to give the reasons for not accepting the premium amount except that the problem lies with the head office and it is not in their hands to solve this problem. Even today I contated the concerned ECS Official and I was given this web site address to address my problem. Hence I request you to look into this problem and solve my problem. This complaint is from G.V.Ramana Murty, father of sai kumar.
my Emal id is [protected]@yahoo.com

LIC HFL has a very poor business model of selling Home Loans through its agents and when it comes to foreclosure of loan; the company (agents disappear) makes you slog for closing the loans. I have been mentally tortured by the company as there is nobody to even answer my simple questions like "where should i pay the cheque" or "how much time will it take to foreclose my loan". The website displays wrong ph nos./ nos. which the branch employees don't pick up and on visiting the branch I am rudely told by Mr. Sharma that this is just a marketing office and for services i need to visit an office in Delhi for which I am again given ph no.(nobody picks up the ph). On top of it when I find the answers to the questions myself I am being told rudely that for cheque deposited today will get all my papers in one and half month. Now which company in today time require 45 days to give back the papers you rightfully own after paying 2%(??) foreclosure charges especially in circumstances when you typically end up having a deal on selling the house in 60 days. Right now i am in a fix and frustrated with the whole system with no transparency on foreclosure charges that can be levied by lending institutions and the time in which we should get our papers back.

I have a insurance policy from city branch no.7 which under K.M.D.O-1 as on proposal of agent and d.o and issued a cheque of Rs. 26,053 vide cheque no. 89450 and submitted at the above branch on 31.03.2004 my b.o.c. no. is 19740 for single premium but after maturity date I received my policy from my agent and found that my policy has done on yearly premium basis and thereafter I had gone to the said branch office and asked about my policy status and the said branch have no co-operated with me and I failed to know about my excess deposit amount for refund but the said branch could not confirm to me about the refund of my excess premium deposit.

Now I like to get my excess deposit amount of Rs. 19,500/- which is lying with the said branch office and with penalty interest and recover my deposit premium of Rs. 6553 under policy no.[protected]

I like to lodge my complaint against the agent whose code no. 10104414/2032041and the said branch office who have retained my excess deposit money since the acceptance of proposal in the year 2004.

To,
The Customer Care
LIC of India

I am Nishant Kumar Singh have your Jeevan Saral Policy No.[protected] , dated[protected] , Monthly premium Rs. 2042/-. At the time of start of policy I have given a cheque from ICICI Bank A/C No.[protected] , Branch - Greater Kailash Branch W-57 , GK-1 , New Delhi for Monthly SIP , so that I don’t have to pay manually every month to LIC it will be directly deduct from my account.

But since the start of policy there is no direct deduction from my account and every month I have to pay manually to LIC.For this problem 3 times I have applied for SIP but problem is remain same.

In this regards I spoke to my Bank and they said that they have not received any request for SIP from LIC.

Request you to please look into the matter so that my monthly SIP will start and I don’t have to pay manually for this policy.

Regards
Nishant Kumar Singh
Policy No.[protected]
Mobile No. + 91 [protected]

Sir, I have an account of money plus plan no.180 (GROWTH).and my policy no.[protected]. my name is R.YUVARAJ. I want to know current status of my account on my E mail id
E mail id is : [protected]@gmail.com

Dear Sir,
(Reminder-3)
Iam V.Shivakumar, L I C policy holder of the following policy numbers
policy no[protected] money back policy
policy no[protected] money back policy
policy no[protected] endowment policy
Previously i have registered for online premium payment.
but i forget my user i d and password.My previous e-mail address has been changed.Presently my user I D is<[protected]@gmail.com>
Kindly give me guidence for REGISTERING MY POLICIES WITH NEW USER ID AND PASSWORD through present E-mail <[protected]@gmail.com>for further online transactions and policies payments, for which i should be thankful to you .
Yours Faithfully,
10/07/2010 V.Shivakumar
Secunderabad-15.AndhraPradesh

LIC has been recruiting DSE's all over India, People don't give attracted to such opportunities and leave u r current goals, instead u can work as Agents, there DSE's were treated like Professional . The Recruitment decisions is not taken by LIC and salary is not decided by LIC OF INDIA, its decided by ZONAL MANAGER itself. They force to do business where agents can't meet with full confidence and finish orders. The remunerations is as worst as one cant even imagine, an Agent will be getting thrice the remuneration tan what a DSE get. many were cheated not even giving the remuneration too. Instead they say to finish the next years target and get the remaining remuneration, If we ask for it they say LIC OF INDIA, MUMBAI has to take decision, I know LIC OF INDIA, MUMBAI is no way related to Zonal manager decision, LIC OF INDIA market share is getting down from 2004, in order to with stand they try to achieve their target using Professionals.

LIC ZONAL MANAGERS are cheaters, dont play with the youngsters life, will you do this to u r child, think and act and give the pending remunerations to people those who worked for you,

cheater!

so dont take up this opportunity friends,
U wont be having a permanent job joining this,
this wont add u any experience,
take up my advice

please send me monthly housing loan statement by e-mail,required for income tax purpose my loan account no. is[protected]

Sir/madam i forgot my policy id and password please help me as earlier as possible


policy no:[protected]
dob:15/10/1988

SIR,

REF: ANNUITY NO. 23314 / 041M[protected]

I (PRADIP KUMAR NAG - POLICY HOLDER ) WOULD LIKE TO INFORM YOU THAT INCOME TAX DEPARTMENT ASKED THE TDS CERTIFICATE ON THE ABOVE POLICY. THEY DID NOT CREDIT THE TDS AMOUNT WHICH WAS DEDUCT BY THE P&GS DEPARTMENT BEFORE THE PAYMENT.

ANNUITY PENSION SCHEME STARTS FROM THE PERIOD 01/04/2007 AND MATURED ON 31/03/2008 AS THE TRUSTEES, OF BATA INDIA...

Dear Sir,

Myself Suresh Harrai Desai and having LIC Policy no.[protected] and I was regularly paying Premium for the same till 2008. I met with and Accident on[protected] had Spinal Cord Injury and now I am Paraplegia Patient ( Handicapped ) won't be able to stand on legs ( 100% disabilty ).I have applied for the Disability benefit to LIC of India , Pratapnagar Branch, Vadodara in the Month of MMar-2009 but they have rejected my claim. Kindly look into the matter and help me out.

As per LIC record my Policy is INFORCE.

Thanking you,
Yours truly,

Suresh Desai
[protected]

Dear sir,

Ref:LIC POLICY NOS:[protected] [protected] [protected]

I HAVE PURCHASED THE ABOVE THREE POLICIES FROM LIC OF INDIA - WAIDHAN BRANCH .

3-4 YEARS BACK I GOT TRANSFERRED FROM VINDHYANAGAR (NTPC LTD ) TO SIPAT (NTPC LTD ) WHICH IS NEAR BILASPUR OF CHHATISGARH.

I REQUESTED WAIDHAN LIC BRANCH TO TRANSFER ALL THE THREE POLICIES TO BILASPUR - CAG BRANCH (code-3065)

As my monthly premiums are being accepted by LIC -Bilaspur,I thought that the things were in order till date.

But to my surprise, few days back i am told that my original dockets were not received by Bilaspur branch although my monthly premiums are / have accepted regularly without any default.

As I have to accumilate the funds for younger daughter's arriage planned to perform during August

I have surrendered all the above mentioned three policies (in Originals)to the Bilaspur LIC -CAG branch for encashment during 1st week of June 2010 through an agent Sri. Naresh Agarwal. On enquiry I am told after 20 days later that all the three policies original dockets were not received, therefore it is not possible for processing for releasing for payment.

A financial implication of arround Rs.3.5 lakhs

Then I had a telephonic discussion with the Branch Manager - Bilaspur Sri.Satnami who confirmed the same message of the agent Mr.Naresh Agarwal.

On tention I started contacting the Branch Manager of Waidhan LIC Sri. Chouhan regarding the policies status who confirmed that the policies are dispatched / transferred to EDMS Office (Shahdol) during March -April 2006 in original and the soft copy data has been transferred to CAG branch of Bilaspur.

As the original docket transfer / custody is the internal work of LIC INDIA, please see that I am paid all my claims at the earliest possible without further delay and help me.

Necessary immediate instructions may be issued to the cncerned at the earliest possible under intimation to the undersigned.

The maturity Values of the three policies may be credited to my bank account directly if possible along with intimation.

My Contact NO:[protected]
My Bank account : SBI- Sipat Branch-(IFSC CODE :SBIN0004304) A/C NO:[protected]
MY current address is Mr.S S RAO GANTI,B-70, UJJAWAL NAGAR, NTPC COLONY, SIPAT,BILASPUR,C.G-495555.

Total delay since submission of Original policies is about 35 days are so.

AN EARLIEST ACTION IS GREATLY APPRICIABLE.
REGARDS

The name on the certifcate is printed incorrect. Hence, required the name to be changed. The name is typed as " PURAV CHANDRA KALUNDIA" on the certificate. The actual spelling is "PURAN CHANDRA KALUNDIA".
Thanks & Regards.

Non Payment Pocices no.[protected] DOC 28.12.99 Matured on 28.12.2009

My husband had some policies and he died 6/5/2009. All claims paid by LIC one one policy SA 12 lak not paid till date. With interval of two three month LIC post a pre-printed letter asking for pathological and treatment particulars. 4 times LIC send this letter and everytime we send all particulars by post along with forwarding letter. In that letter and in other form of LIC I clearly mentioned that end of DEcember my husband first consulted with Siliguri Doctor (whoes prescription also enclosed with the letter)and as per the doctor advice we gone to Bangalore for treatment of cancer. There after 5 month my husband died due to cancer. Before that we did not consulted any doctor. We submitted all paper of Bangalore and siliguri. In last letter from LIC finally accept that LIC got all paper. Now LIc asking treatment particulars of Hypertension and diabetes. We never had any treatment for hypertension and diabetes so treatment particulars can not be submitted. LIC just delaying and diverting the justified claim...sometimes through letter correspondence some time arising new question like hypertension diabetes like question after 9 month of receiving papers. Even the question is totally unrelated with the death. BP and diabetes has no link with cancer.We were not aware of cancer when took the policy in sepmtember paying yearly almost 90000/- premium. In December Siliguri doctor's prescription clearly given note for suspect of cancer and treatment to be done outside.Here only we came to know. So no fraud happened in our part. In that time not only my husband all family member took a new policy as money back from previous policy came and in total almost 4 lak premium paid for new policy. This only to say that there was no fraudulent attitude. However still date LIC not came for investigation however as per IRDA norms with 6 months investigation report must be submitted.So I think in this case there is gross negligency, deficiency of service, unnecessary harassment, unnecessary delay took place.

the entire claim amount will be more than 12 lak along with bonous plus interest for last 9 month @ 10% and 20,000/- for mental agony. I got 18 lak claim amount earlier and not got any pain from LIC.But in this latest case investigation not done so claim is pending and to kill the time with some interval LIc sending same letters and after 9 month asking same type but new question ( BP &diabetes)just to keep the case alive and pending. This technical harassment is brain child of technical persons.So for their fault extra money (int+20000) THEY SHOULD PAY FROM THEIR OWN POCKET and not LIC.In other words if LIC to pay interest and 20000/- for mental agony it means ultimately it will be paid by the good policy holder (including me) by nailing down the bonus rate for payment of extra ( int+agony) money in death claim.




[protected]@yahoo.com

I have a LIC Profit plus Ulip for which I use to pay 25000/- per annum. I have paid three premiums till now(2yrs and 3months completed). I asked my agent if I can withdraw my money. He said yes and surrendered my policy. Now Agent is saying that I will get surrender value after completion of 3 Yrs. Now the thing is that neither I am getting my Policy Benefits nor my money as i need it urgently. I have complained many times but they are replying just saying that I will get my money after 3 Years. I dont know what to do in this case. Please help.
LIC Complain numbers are:
253583 22/06/2010
248742 17/05/2010
248384 14/05/2010
247665 10/05/2010
Regards,

Abhishek Jaiswal

This is with regards to LIC Policy of my father - Rameshlal Jasotani.

He is a retd. Govt gazzeted officer and He is 63years old now.
We are based in Mumbai now and he is not in a position to visit to Patna Branch from Mumbai for followup.
I request you to please help us getting this amount, considering he was a govt employee and also taking in account his age.
Thanks a lot for this help in advance.

Policy Details: - New Jeevan Suraksha Plan - 1
Annuity Policy Number[protected]
Policy Start on[protected]
Maturity on Feb-2010
National Cash option - Rs. 53000/-
Schedule - 521
Area where Policy bought - Patna

Thanks
Naresh Ramesh Jasotani
Son of - Rameshlal Jasotani
Mobile: +[protected]Rameshlal)

Dear Sir,

I am having a policy number[protected] of Jiwan Saral in Sarita Vihar branch it monthly premium is Rs. 2042/- through ECS payment. On 29/05/2010 an policy holder of your divisional branch office Mr. Arvind Mehto (policy no.[protected] has given my account no. for debit of his insurance premium of Rs. 1578/- and the same is wrongly being debited to my Indian Bank account. Then I visit LIC Branch manager Mr. P. N. Jha at Sarita Vihar he told me that He could not help me for this matter. And his staff also.

So, please stop it and return my amount immediately.

Please do needful.

Thanks & regards

Pradeep Kumar
Policy No.[protected]
RZ-75/256, Dayal Park,
West Sagar Pur,
New Delhi – 110046
Mobile No. [protected]

Dear Sirs,

PAN No. : BTXPS8158L
My income tax refund F.Y.[protected],[protected].is till today not received pls check status & give me reply on my Email ID [protected]@yahoo.co.in
Kindly do the needful.

Thanking You,
Yours Faithfully
Mrs.Sunita Shinde
Mob : [protected]

This is regarding my request to LIC which i have made on 22 June which is till date not resolved at all and due to this my policy is going to laps anytime

I have a policy from LIC with policy no.[protected], kindly provide internet portal user ID and password to access my policy over internet so that i can pay my dues by netbanking.
As I tried to access it by using above mentioned policy no. I got message that policy is already registered for the same.

attached is the itemized mails for your reference.