Life Insurance Corporation of India [LIC]

Life Insurance Corporation of India [LIC] — maturity amount not settled fully, paid partially

hussainrsk

Address:

CISF COMPLEX QTR NO. B1/1, PANAMPALLY NAGAR, PERUMANOOR.PO, COCHIN-15, KERALA, Ernakulam, Kerala, 682015

I was subscribing for jeevan saral policies on the name of my daughters and am assured that on maturity i will get 120000 each for both policies but after maturity i was paid partially i. E rs 75000 each. According the jeevan saral table it is clear that on maturity the amount should be rs120000. Accordingly i have lodged a grievance vide no [protected] and [protected] with the lic grievance portal but no response either from the office or from the grievance forum. I also wish to register a complaint with irda, in this regard. My lic jeevan saral policy nos are as under :-
1.[protected] commenced wef dec 2009 and matured in dec 2019
2.[protected] commenced wef dec 2009 and matured in dec 2019

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Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.

Jan 18, 2020

Updated by hussainrsk I was subscribing for Jeevan Saral policies on the name of my daughters and am assured that on maturity I will get 120000 each for both policies but after maturity I was paid partially i.e Rs 75000 each. According the Jeevan Saral table it is clear that on maturity the amount should be Rs120000. Accordingly I have lodged a grievance vide No [protected] and [protected] with the LIC grievance portal but no response either from the office or from the grievance forum. I also wish to register a complaint with IRDA, in this regard. My LIC Jeevan Saral Policy Nos are as under :-
1.[protected] commenced wef Dec 2009 and matured in Dec 2019
2.[protected] commenced wef Dec 2009 and matured in Dec 2019