Life Insurance Corporation of India [LIC] — Premium deducted for a surrendered policy

Hi,

I had surrendered my LIC policy number[protected]Market Plus-1) in Oct-2021. I also received the surrender confirmation and the surrender amount in the same month.

But even after surrendering the policy, my quarterly premium of Rs.9000 was deducted from my Savings account in Nov-2021.

I used to pay my premium through ECS for my policy.

Kindly help in getting my premium back as I have already surrendered the policy. And LIC should not deduct anymore quarterly premiums as the policy is already surrendered.

Regards
Arvind
Was this information helpful?
No (0)
Yes (0)
Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.
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
    6212
    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