Life Insurance Corporation of India [LIC] Complaints & Reviews

Dear Sir/Madam,

I am to draw your attention towards one of the biggest frauds done in the history of LIC of India.
Ms. Sharda Gupta wife of Late Kamal Gupta resident of 104C-A/D Gandhi Nagar Jammu, planned this millions rupee fraud with her late husband after she knew that her husband will not survive for more than six months who was suffering from a pre-diagnosed chronic ailment (Liver Cirrhosis with HIV).
Kamal Gupta himself insured for the value of rupees approx. 44 lacks on February 2007 vide policy number in series[protected],[protected]likely about 100 policies , just about six months prior to his pre-confirmed death by his treating doctors.
To get the full benefits of this planned insurance cover, Sharda Gupta then started planning to cheat the LIC of India by submitting fake reports and the cause of death.
Sharda Gupta put in her claim to LIC, the cause of death of Kamal Gupta as the ‘Cardiac Arrest’ which was a total lie. The actual cause of death of Kamal Gupta was chronic Liver failure because of long standing Hepatic Cirrhosis because of HIV which was diagnosed about three years before his death and two years and six months before he got insured.
For his this chronic sickness, Kamal Gupta was being tested and treated since 2003. At the last stage Kamal Gupta was admitted in the Inderprast Apollo Hospital, Delhi where he died with the following details:
Name of the Hospital: Inderprast Apollo Hospital, Delhi.
Name of deceased: Kamal Gupta
Registration Number: MC DOL R 07036982
Reference Number: 2586635
Date of Death: 15/06/2007
This is unfortunate to express that these type of frauds are occurring in the well renowned LIC of India in which investors have strong faith.
My concern is as a stake holder in LIC of India who has a full faith in this financial sector. With this type of frauds we, the stake holders are the real loosers who are being looted by these type of decoits.
I now will personally like to know what you do in this case to protect my hard earned investment returns.
I will keep monitoring from now onwards , what actions are taken from your end to uncover this fraud and bring cheats into lime light and save millions of rupees of investors money.
Thanks,

Dear sir/madam,

I have forgot my login ID & password of LIC on line payment web.

pl. help me to activate/restart it.

policy no.[protected]

dob - 01/06/1973

I Purchased Jeevan Suraksha Policy from LIC of India (Policy No.[protected]
The Original Policy documents of Policy no.[protected] are still not sent to me after a lapse of more than 9 years. In this regard, I have also sent a request to concerned Branch Manager of LIC of India (BO 120) on 5.3.2010 by registered post and also message by E-mail whose copy was to Chandigarh Branch also to look into the matter. But till date no action has been taken and I have not received any reply from their end.

Now a days I am in Patiala and policy has been recently transferred to Patiala. I also requested Sh. B.K Gupta, Sr. Branch Manager of LIC of India in Patiala (Br No. 173). First of all he ignored me and he did not wanted to listen me. But however I still tried to convey my problem to him but he did not took any interest and instead of helping me out he told "Mujhe aap se tankhah nahi milti". Such an irresponsible reply from such high level i.e Sr. Branch Manager was very shocking to me and very shameful on part of LIC of India for having such an irresponsible and ignorant staff at such a high levels. He does not even know that he is paid from the pocket of customers like me.

I also sent E-mail to reg the same to Chandigarh Branch Manager also but also no response from their side also.

Address :
N-36, Majithia Enclave
Patiala, Punjab.


Thanking you,

(GIRISH THAKKAR)
E-mail ID : g.[protected]@hotmail.com
Mobile No. [protected]

Respected Sir,

I,Mr.Shripad Laxmanrao Sakekar having annuity No.02515M501 receive pension cheques from LIC worth Rs.1250/- Monthly from LIC issued on Bank of Baroda.Cheques of April May & June 2010 have been dishonoured due to inadequate funds in LIC Bank of Baroda account.I have been fined Rs.550/- as return charges and also suffered lots of inconvineance.
I am a pensioner aged 66 years. Kindly take it into consideration.

Cheque no 579183/581887/581888 issued on Bank of Baroda month april,may,june respectively.
Thankyou
Mr.Shripad Laxmanrao Sakekar
B-13Vyankatesh Appt
Lane no-3 Jaysingpur
Tal-Shirol Dist-Kolhapur 416101
Mob no-[protected]

Dear Sir,

This is to raise my concern against the ECS system with LIC of India. I have taken the LIC Wealth + Policy in the month of March’10 on the Monthly ECS basis. My policy details are attached below.
But till date no instructions have been sent to my bank for the same. Neither was I notified ever!!!

In the month of April, when it was expected that my first monthly premium would be deducted, I waited the whole month but there was no amount deducted for the same. In spite of realizing their (LIC) mistake, I was imposed a fine of Rs.125, when I personally deposited my premium, though it was no where my fault!!! I reported the same many times in the LIC office, but no action has even been initiated ever.

Again in the month of May, I paid my premium through a cheque, and also filled the policy revival form.

This month (June’10), when I went to deposit my premium through a cheque at LIC, as I confirmed from the bank that they have not received any standing instructions for LIC, I was refused from submitting the cheque, saying that I am under the ECS scheme!!!

Please explain, that when the bank has not received any instructions, how will the premium be paid?
This way, I’ll be fined again!!! I have even approached the Model town branch of LIC, but no luck.

Please justify –
· Is this the way to treat a customer?
· When a customer has given a duly signed document for monthly ECS, then why the customer does needs to be fined when it is the fault of the organization???
· Till how long is it the customer’s responsibility to chase the organization???
· Till when am I going to face the same issue or shall I withdraw my policy???

My details are as follows:-

Name of the Policy Holder – Vivek Sapra
Policy Number –[protected]
Mode of Payment – Monthly ECS
Frequency - Monthly
Monthly Premium – Rs 3000
Commencement Date – 08/03/2010
Agent[protected]
DO - 0963011
Name of the Bank – ABN Amro (RBS),
Address of the bank – The Royal Bank of Scotland N.V. , Ocean Heights, K - 4 Sector 18, Noida 201 301. Bank by Phone[protected] Fax: +[protected]
MICR Code –[protected]

I hope you will be able to understand my concern and would definitely do something in favor.
In hope of your early response.

Thanks & regards
Vivek Sapra
Mb - [protected]

Respected Sir

Last Three Month, I sent Request letter through by post for transfer of my policy to another Branch so far nothing has happened

I have a policy no.[protected] in the name of Krishn Kumar Gautam / Rajnish [La] address of Era Star Court, Opp- ibs University, Janpth, shyam nagar, Jaipur.

Please transfer above policy to my current nearest branch- LIC of India, Kushinagar Branch code- 2011, Kasya Padrauna Road, Kushinagar, Padrauna, City: Kushinagar, State: Uttar Pradesh.

And also change my correspondence address, Village- Parasahawa, Post-kasia, Distt-Kushinagar, Uttar Pradesh-274402.

Please Help Me.

Thanks & Regards
Krishn Kumar
krishn.[protected]@eragroup.in

I have a LIC policy under Jeevan Surabhi No.[protected] ; date of commencement :28/01/2005 : Proposal No. 8544 dated 11/2/2005.I am regularly paying my installments / premium till date.I am supposed to receive an amount of Rs. 25000/- under this scheme but till date I did not receive any correspondence in this respect from LIC .
Please do the needful at the earliest.


Manick sarkar S/O Late Shri tapesh Ch. Sarkar : 56 LIG Flats Hastsal : Uttamnagar : New Delhi-110059

res sir/madam,
this is regarding of policy no.[protected] issued by branch 913, mumbai do1. due to clerical mistake of lic staff my 1st ecs mandate was dishonored by my bank. after getting information i am contacted mr yogesh shah (agent). from january 2008 he has follow up with lic;s PCMC DEPT, HOME BRANCH, DIV.OFFICE'S ULIP DEPT, IT DEPT. but all of his efforts were goes to drain. from jan 08 to march 08 ecs deduction done. after persuing the matter by my agent yogesh shah LIC does not take interest in continue the said policy & foreclosed the said policy. Total four payment of rs 1000/- each was debited from my a/c. but LIC told to my agent that all premium has now nil. & your client will not get any amount.

for this my agent has follow up for more than 100 times with lic offices. but not any offices help to revive or reinstate this policy. i am feeling that lic of india cheated me & not its services as good as it is claimed MOST TRUSTED BRAND FOR CONSECUTIVE 5-7 YEARS.

I WANT REPLY OTHERWISE I WILL APPROACH OMBUDSMAN.

Dear Sir/Madam

I, Basavarajaiah S L agent of LIC Of India with agency code 0136061X. Licence number 1283165
connected to Vijaya nagar Branch. I forgotten my Agent portal ID and Password. Please send new portal ID and Password to my e mail ID: [protected]@gamil.com. Please do needful.

Thanking you sir

To,
ADMN. DEPARTMENT
PCMC TEAM,
Life Insurance Corporation of India,
Premium Collection Management Centre,
Network Operating Centre,
1st Floor, Jeevan Seva Annex,
S.V.Road, Sanctacruz (W)
Mumbai 400 054.

Dear Sir,
I have LIC-New Bima Gold Plan-179 (My Policy No. is[protected] My last transaction is not update which had paid through ICICI Bank Net Banking, Transaction no. is PR[protected]. I have acknowledge the receipt of Rs. 11,574.00 towards the renewal premium of 1 policy(s) through payment gateway dated[protected]send by you in my email id.) and I have bank statement – debit by ICICI Bank in my account date[protected].
Please take a necessary action and revert back.

With Thanks

MANOJ GANDHI
Lucknow

I (Md Masood ul Majeed [protected]) have applied for lic housing loan in the month of NOVEMBER 09 in your Aasafali road office, To Mr. Sunil Sharma ([protected]) and Mr. Gopal ([protected]). They assured me that the loan will pass in month of December.

Til date I have not got any conformation of Loan. Since I am not in Delhi for last one month, I could about to visit them. Earliar I used to visit them regularly, and used to call them thrice a week.

Due to the delay in the loan aproval builder (SRS) has canseled my allotment.


For last 20 days they are saying " thar loan is approved". But after my continuas requst they are
1.not able to e-mail my document,
2.not even they sand the document to builder.
3.even not the post that document to my address.

So plese take sutable action on my problem.

Dear Sir/Madam,
I am Nagappa Avanti applied for home loan Six month back in your esteemed branch my loan application file No is 804154.
But as on date I have not received any approval regarding same. The quarry asked by your
people. but still there is no any kind of feedback from your side. Also my developer is asking for loan approval latter continuously. When I call your branch office at Gulbrga (Ph. No.[protected] your executive always assured me about approval & still told me that you will get approval within 2 or 3 days. This is happening from last 6 months. But till dates I have not received any approval. So can you give me clarification regarding this delay via return mail.

Please look into matter.

Your Faithfully,

Nagappa Avanti
email: [protected]@yahoo.com

Dear LIC People,

This inform to you that, my self Nagappa Avanti from karnataka state Gulbarga dist, Yadgir tq, i have apply the housing loan in the Gulbarga branch, i have for the month of 18th feb -2010 and i have submit the all documents and also your fee. Rs.9300/- your people not taken the resposd me. what is this.please cofirm the status other wise i will go to the consumer court.


Regards
Nagappa Avanti.

I have Fixed Deposit of LIC HOUSING FINANCE LTD { FIXED DEPOSIT }. I have surrendered the original FD Reciept to LINK IN TIME the managing financial services 3 months before. I have recieved Two cheques original amount & interest amount both cheques bounced.Till date I have not recieved any thing. Due to the above I incurred loss of Rs. 10 Lakhs. I want to say that my money should be return with compensation, as I am really a frustrated with LININTIME

SHREEKANT GUPTA
Mobile No. [protected]

sir i have a lic's moneyplus policy . my policy no is[protected]dated 08.08.2007 . my name is C.Susai nathan. I want to know the current status of my policy . please give the status on my E mail id . my e mail id is [protected]@gmail.com&s.[protected]@yahoo.com.