Life Insurance Corporation Of India [LIC] — fraud agent from lic

2 Reviews
 Bhaskar Bangalore on Oct 23, 2017
This is bhaskaran here from bangalore. I have taken 3 individual policies for me and my family members also with 1 health insurance policy. My agent name is veera nagaiah mobile number: [protected] code no: 0160361b of j. C road branch, bangalore. He was referred to me by my brother and he was very good in conduct and did all my policies accordingly, i paid cash to him & he got the bond's also accordingly. Every time he use to remind me about my premiums and sometime he also adjusted some money for me when i fell short of cash. After 2 yrs of policy he also arranged a loan for me with my bond. This much of trust was going on with him and every time he was coming & collecting cash from me and he was paying the premiums saying if he pays by himself then he will be getting some bonus points and that too by cash payments. Hence i was keep on giving cash to him. But in return when i ask for receipts, he used to say some or the other reasons like, forgot to bring, missed somewhere as i carry lot of receipts of others also... But when i wanted the receipts to provide for tax at my wife's office, then he said he will arrange for a certificate for the entire policies year wise accordingly and insisted me to pay the premium up to date, i paid that too. That was in december-2016. After paying that money he said it will take some time and he will soon give the certificate. I waited waited... Later on he started to ignore my calls, my msgs, when line connected some time, he used to say my father is in serious condition and he is not in station for this reason. I still trusted and waited waited for him to come back, but nothing happened. Once i visited the j. C road branch to just check on, only then i came to know that he has not paid any of my policies amount from 2014 on wards i. E, for two years he has not paid any of my policies amount. I checked with some concern person over their, he asked me if i have any proof of the payments to him, i said sometimes i have transferred money to his account and most of the times he himself came and collected the cash from me. For that the person said you need to have some proof to fight for this. Since then i started to chat with him by messages for him to speak out with some proof that i paid cash to him and he didn't pay the amount for my policies. Now i have lot of his messages with him accepting the fraud. He still keep on saying that he will come and give my receipts, he will clear all my dues, just give me some time... This is almost eight months over now i am being fighting for this and he is really taking me for a ride.

Dear concern customer care, please look into this matter and do the needful to me at your earliest.

Complaint Status

[Oct 23, 2017] Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.
Complaint comments  1 Comment     Updated: Share0Tweet0Share0


Dear sir
My policy number is[protected], I want to create online registration, I want to pay the further premiums through online itself, while entering my personal detail it's showing that policy number is invalid so please update my policy details and do needful to me
Thanking you,

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    +91 22 2217 8600
    +91 75 5267 6254
    LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
    Life Insurance Corporation Of India [LIC] - fraud agent from lic