An agent called bikram parida, hyderabad musheerabad branch did a great fraud and cheated most of the IT guys especially who dont feel they have time for their own works. this is to alert every body. surprisingly his development officer and branch manager were also answering as if they know of the fraud in advance, but were not kind enough to alert the policy holders.
if lic doesnt incorporate any strict rules and doesnt show its strength in resolving this fraudular agent and compensate the customers, we as people need to really stop doing business with LIC
I will lodge a complaint with the all the officials as mr. a k mohanthy was also was this agent\'s customer as he boasts of in his talk. We hope LIC will act upon stringently on the dev officer and branch manager as well.
The checks submitted by this agent for various policies were bouncing from 2008 august and no action taken from bank or LIC. This particular case seems to be a combined fraud and money taken by some more people to help him escape. So we request all the victims of this agent to join as a group and fight this case together.
I request the IT world to wake up and allow associates to live some personal life as one victim of this agent was telling me he could not take day off on 5th april to visit the branch and complain. remember, that only lead to this great fraud.
bottomline mistake is with the policy holder by not checking the status and jumping up immediately for the rectification
I support this complaint. I have also applied through the agent with a check raised for LIC but no documentation has arrived as yet, spoke today with LIC, who mentioned they will revert back on the same.