Life Insurance Corporation Of India [LIC] — very less maturity claim. less than written.

 
1 Review
 safdarul on Oct 7, 2018
Policy no.[protected]
Name ulde s. K.
In the wealth +, i invested 20, 000 for 3 years. Total 60 thousands rupees invested.
I was expecting maturity benefits after 8 years 1, 67, 000 as per ads displayed by my agent and pamphlets circulating that time of which lic must aware.
But actually i got only 74, 789₹.
Means after 8 years gain only 14, 789 ₹ only.
Are we investing in lic for such very very low income???
Why not lic giving minimum 1 lakh as written in their document?
Agents told me he made written complaints about it but in a vain. Till date no reply.
Lic openly making us fool/ cheating.
I am not interested in 1lakh insurance cover for 2 years which is lic's modified term perhaps to convince customer.
I want minimum 1 lakh as written in document.
We shouldn't trust on lic and its agents if can't adhere to their word (S).

Complaint Status


[Oct 07, 2018] Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.
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    Life Insurance Corporation Of India [LIC] - very less maturity claim. less than written.