[Resolved]  Life Insurance Corporation of India (LIC) — non payment of Annuity and maturity .

Address:Akola, Maharashtra

Sub :- Non receipt of Annuity in r/o Policy No[protected] L.A. Unmesh Narayandas Malu. Dear Sir, Policy No[protected] was issued by LIC Barnch Akola – Branch code 977, As per Policy document the DOC was 27.12.2001 the Date of vesting Annuity 27.12.2011, Date of Annuity Installment was 27.01.2012 but till date I have not received any payment or communication from your end. Now I request you to please look in to the matter and inform us the reason for not releasing the payment . Since as per policy document the term of policy was 10 Yrs after that the annuity should start but LIC has failed to make the payment to me till date hence I request you to extend the date of vesting by Ten more years / Three years i.e. vesting date may please be extended as 27.12.2021 and the annuity amount and Notional Cash Amount should be increased as if the Policy was issued for a Term Of 20 Years. Sub :- Non receipt of Maturity in r/o Policy No[protected] L.A. Unmesh Narayandas Malu. Dear Sir, Policy No[protected] was issued by LIC Barnch Akola – Branch code 977, As per Policy document the DOC was 28.08.1993 the Term – 20 Yrs . but till date I have not received any payment or communication from your end. Now I request you to please look in to the matter and inform us the reason for not releasing the payment . Thanking you. Yours Faithfully, Sub :- Non receipt of Annuity in r/o Policy No[protected] L.A. Nikita Unmesh Malu. Dear Sir, Policy No[protected] was issued by LIC Barnch Akola – Branch code 977, As per Policy document the DOC was 27.12.2001 the Date of vesting Annuity 27.12.2011, Date of Annuity Installment was 27.01.2012 but till date I have not received the payment or communication from your end. Now I request you to please look in to the matter and inform us the reason for not releasing the payment . Since as per policy document the term of policy was 10 Yrs after that the annuity should start but LIC has failed to make the payment to me. Thanking you.
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Life Insurance Corporation of India [LIC]
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    36%
    Complaints
    6211
    Pending
    0
    Resolved
    2214
    Life Insurance Corporation of India [LIC] Phone
    +91 22 2217 8600
    +91 75 5267 6254
    Life Insurance Corporation of India [LIC] Address
    LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
    View all Life Insurance Corporation of India [LIC] contact information