LIC of India - Unhappy with LIC way of settling the claims!!
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Complaint by: Omska on August 5, 2010, 4:47 pm in Insurance All

Sir,
i have send a letter to LIC with the details of my lapsed policy as I was away from the country. I checked with their offices in chennai and they told me that I have a certain amount of money lying in my account (credit), towards the policy. The chennai office told me since the policy originated from mumbai, I should only contact them and initiate the claim procedure. I subsequently wrote to LIC mumbai on february 2010 and its now July 2010 and there is not even a reply from them.
Now does LIC need that we have to go all the way to LIC office in mumbai to do this . Why can they not process the claim and forward the file to us to in mumbai. I have a feeling that the amount of money I will spend by going to collect the claim, would almost come to the same amount for travelling and stay in mumbai. Why does LIC work so lethargically without any feelings for the people?. Does LIC mean Lose Interest Civilians?.

Complainant's Goal: I WANT LIC TO PROCESS MY CLAIM AND HAND OVER THE CLAIM AMOUNT IN CHENNAI,
Complainant's Target: LIC of India
Complaint Location: IndiaTamil NaduChennai
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Recent Comments
5.
Mon, 19 Jan 2015  hiranmoy chatterjee

my policy no 437234230 (bima bachchat) was matured on 28/12/2014, but matured value no transferred in my bank account . please do neeedful step. Thanks

4.
Fri, 04 May 2012   Message By Complainant Mohammad

Its now almost 2 years and the lousy LIC has not redressed my issue. What a great company it is. A big shame on india by name of LIC. LIC stands for LOSE INSURANCE CUSTOMERS ! is all I can think of

3.
Mon, 21 Feb 2011  sasindran

I support this complaint.

2.
Thu, 18 Nov 2010  akula sathiraju

I support this complaint.

1.
Thu, 05 Aug 2010  Message from iComplaints.in Helpdesk

An email communication has been sent to LIC of India on August 5, 2010, 4:47 pm