Life Insurance Corporation of India [LIC] — cheating policy for senior customer and grape entire full premium paid for entire policy terms as per policy terms

Address:

Vadodara, Gujarat, 390016

Being great insurance corporate body of democratic country - it is best policy to cheate the senior citizens - till date i have not received the positive decesion to small customer of lic and citizen of india - it proves the the organisation is only for insurance company and to cheat and making fool to the small customer and small citizen of india - surprising very good institute who is taking care of lic verymuch pefectly - now i came to know and understand that the small investor / customer have no statu or right to represent the grievances - appreciated the best organisation and management - inspite of repeated reminders the help is not provide the small customer / citizen of india - now we understand and came to know that the irda authority is for the insurance company not for the customers. As the customers are to small compare to insurance company. The lic policy is just for advertising for the interest free income and just free of cost income. It is just cheating to the customers of india who are very poor people make the foolish to the public, it is very surprising for the top position of popular and famous insurance corporation of india - i under stand the as big and popular identity - you do not have the time for small customer of your corporation. It is really surprising no help or decesion has been recd. From irda - remider - till date there is no response - the policy no:[protected] plan jeevanshree rs. 500000/- 112/25/16 dated 28.02.1998 has been surrender. The bonus declared by lic every year is not considered for the payment. The policy premium is fully paid. Only guaranteed addition as per policy term is considerd. That is also not fully paid. Onlysurrendering percentage considered for the surrender value. Kinldy justify and arrange to give the justice to the customer of lic. I hope the justice will be given and arrange to consider the bonus declared by lic every year. Also the guaranteed addition should fully considered for the payment. Atleast the guaranted addtion of policy must be paid as the total premium is already paid. Kindly look into the matter and finalise immediately. Ramesh patel - 987 copy to all leading news papers for knowledge of the public and do not be foolich and be cheaed by insurance company. - copy to grahaksuraksha for justice