LIC of India - LIFE INSURANCE CORPORATION OF INDIA
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Complaint by: Uma on April 6, 2010, 11:51 am in Insurance All

I have policy with money back policy with taken in the year 2006 LIC. As it is a money back policy it has got its first payment due date on 10Jan,2010 . I have visited the branch office where i have taken the policy to ask about how claim my policy amount. Official told me that I dont have to do any process they will automatically send me the cheque for the amount to my address . But I have not received he cheque yet . Its been 3 months that due date is crossed . I have raised a complain regarding the same in LIC customer care I visited the branch for the same twice . Stil they are delaying in giving the cheque for some or the other reason.

I work in IT company and I can not go around the LIC office wasting all my time.
We invest the money only with hope that we get them in times of need of this the case with the insurance which so famous and popular people will lose trust and hope.

I really felt very bad with the kind of sevice I got . I had plans of taking another policy with LIC if this the way react to us for sure i will not invest my money next time.

Complainant's Goal: I want the process to be changed so that customers get quick response.
Complainant's Target: LIC of India
Complaint Location: IndiaAndhra PradeshHyderabad
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Recent Comments
13.
Tue, 04 Dec 2012  chetan sakhareliya

I have paid following three premium but my total value is minus asper current NAV. Why ?????????????

1) First premium 10000/– on 10-9-2008 stock market – near to 16000
2) second premium 10000/-on 10-2009 stock market – near to 18000
3) third premium 10000/- on 27/10/2010 stock market – near to 19500


now my total value=28300/-

12.
Tue, 04 Dec 2012  chetan sakhareliya

I have paid following three premium but my total value is minue asper current NAV. Why ?????????????

1) First premium – 10-9-2008 stock market – near to 16000
2) second premium – 10-2009 stock market – near to 18000
3) third premium – 27/10/2010 stock market – near to 19500

now my total value=28300/-

11.
Mon, 15 Aug 2011  AMRENDRA KUMAR

I HAVE SENT MY DOCUMENTS RELATED TO DUPLICATE BOND PAPER AND FOR SURRENDER OF AMOUNT VALUE OF POLICY. SINCE TWO MONTHS HAVE PAST BUT I HAVE NOT RECEIVED ANY CORRESPONDANCE FROM THE BRANCH OFFICE. IT IS PERTINENT TO MENTION THAT MY POLICY BELONGS TO LIC BRANCH OFFICE GOMIA AND I HAVE DISSCUSSED TIS MATTER WITH MR SINGH ALSO.

LAZY SERVICE.

10.
Fri, 08 Jul 2011  Joy Maulik

Dear Sir,
I have been harassing from the city branch no. 3 which is under (K.M.D.O. -1)for my maturity cheque since 28.05.2011.
My policy No. 413817459 in the name Joy Maulik

9.
Wed, 22 Jun 2011  rajesh gupta

Mr. rajesh gupta holding policy number- 300695031, have not received the original policy bond of above policy number, from lic of india, BO-175 BRANCH :
Ludhiana Branch -1 , P.B.No 64 ,
Bhadaur House , GPO Road ,
LUDHIANA
Phone - (0161) 741901reapeated visits to branch but no response from there...
rajesh gupta

8.
Thu, 20 Jan 2011  AMIT KUMAR AHIRWAR

Please create Login & Password sothat i could access their policy details online

My policy No. - 357331871

Name - Amit Kumar Ahirwar

7.
Tue, 16 Nov 2010  mrs.snehal sawant

I support this complaint.

Dear sir,
i have surrender my lic policy no. ********5 on dated 27/10/2010 in branch 907, gr flor, national insurance bldg, wallace street mumbai-400001. I received the surrender value chq. on dated 12.11.2010 is Rs. 29313. [ chq. no is [0711031]. my policy start in march 2004 & half yearly primium is 3678. I am paid total 12 primiums.
sir, for my information how to calculate this surrender value amount. send this calculation on my email id.

thanks.

mrs snehal sawant.

6.
Tue, 12 Oct 2010  http://www.licofindiapolicy.com

Having a health insurance will encourage more people to visit the hospital, and hence improve the healthcare industry. Here is an online tool which I think you might be interested which helps people to plan their insurance according to their needs & budget, especially health insurance & retirement plans.

5.
Sat, 02 Oct 2010  Prem Prakash Prasad

Sir,
My self Prem Prakash Prasad ( 311/51Z ). My father Lt. Mr. Kunj Bihari Prasad, who is die on 1/1/2004 in PGI Chandigarh during treatment. His Pol. No. 540346351, I have inform LIC Gomia ( Jharkhand ) branch on 29/1/2004 & claim with full hospital documents on 26/8/2008 ( Delay due to Bring hospital document from Chandigarh one year & rest due to our branch & DO also ). Unfortunately client's agent was myself.
In Local branch Gomia I have make lot of complaints. But no result.

I have also follow in Hazaribag Branch but result is still waiting.
Please help !
Thnaks ! & hoping very soon result !

Prem Prakash Prasad
Mob ********00
I support this complaint.

4.
Tue, 06 Jul 2010  manoj

Dear sir /madam my name is manoj kumar and my policy nos.-122352415 money back plan six year amount submited before three month in our addres my cheque came but due to uncomplete addres returned post by postman after i update my adress on line but up to now my checque not come please tell me the way of cleared my checque and complaint way thanks

3.
Thu, 17 Jun 2010  K. Bhattacharjee

I support this complaint.

I have surrended Policy No.
S441098356 in May, 2010 in
Digboi Branch, but till date I have
not received payment.

2.
Mon, 12 Apr 2010  vikram

I support this complaint.

1.
Tue, 06 Apr 2010  Message from iComplaints.in Helpdesk

An email communication has been sent to LIC of India on April 6, 2010, 11:51 am