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Life Insurance Corporation of India [LIC]
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Life Insurance Corporation of India [LIC] complaints 48

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1:33 am EST
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Life Insurance Corporation of India [LIC] Non payment of interest

V.S.Venkatesan, F1, Guru Residency, No.6, 16th street, Nanganallur, Chennai 600 061 - Ph 044-[protected] - I have invested in LIC's VARISHTHA PENSION BIMA YOJANA SCHEME a sum of rs.51980 with LIC of India, Kodambakkam, Branch, Chennai 600 024 - A sum of Rs.4876 per anuam as interest has to be paid by lic. I have invested in the year 1.11.2003. Every year LIC of India was crediting my current Account with State Bank of India, Thousand Lights Branch, a sum, of Rs.4876 on 1st November.However the interest due on 1.11.2009 has not yet been credited by LIC. Please take up the matter with LIC

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Joseph Scafa
Ontario, US
Feb 23, 2010 6:54 am EST

Association for Lifestyle Reform Adds Fraud Investigation Division to Protect Its Members

Hotline set up for customers

Chino, CA - February 23, 2010 —The Association for Lifestyle Reform (ALR) recently added a Fraud Investigation Division for customers to contact if they believe they did not purchase what was originally promised by third-party marketers.

ALR is a membership-based organization that provides discounted services to its members, such as pre-paid legal services and discounts on vacations, auto rentals, and prescriptions. As a membership-based association, ALR is able to provide discounts on behalf of its members by obtaining group pricing, including limited supplemental insurance benefits.

ALR engages third-party marketing firms to sell memberships. The company carefully screens the marketing firms it works with and sets and provides guidelines when speaking with potential members; however, there have been instances where independent marketing firms deviated from ALR’s guidelines. It is ALR’s policy to ensure the security, privacy and satisfaction of its members. To that end, ALR has established a Fraud Investigation Division. The division will take customer complaints regarding the sales process and investigate the issues regarding the marketing firm involved.

“We are very excited about being able to offer our product to people, however, some members have experienced an inferior sales process, ” said Brad Wessler, CEO of Association for Lifestyle Reform. “Under no circumstances will we tolerate bad sales practices from the marketing firms we work with. Therefore, we set up a division specifically for this purpose and a toll-free number for our members to call.”

About the Association for Lifestyle Reform

The Association for Lifestyle Reform, ALR, provides discounted benefits to its membership. Members benefit from the association purchasing benefits at group discounts. Although one of the many services include limited supplemental insurance benefits, the association does not sell or market health insurance.

Further information please contact: -

Joseph Scafa
joseph-scafa@alr-association.com

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9:10 am EDT
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Life Insurance Corporation of India [LIC] Incorrect issue of lic policy.

Policy no-[protected], jeevan saral (t. no-165).
Lici - kaushalaya branch, kharagpur, westbengal
During signing of blank policy proposal in front of do, bm and agent it was told that:
A) the policy premium matures after 3 year and may be continued upto 10 year.
After receipt of the policy the following discrepancies were found: the 3 year or 10 year maturity is not written. as per the policy, premium is to be paid upto the year :2037 and the policy will mature at the year:2038 ie, the premium has to be paid upto 9 years after retirement and the maturity value will be received after 10 years after retirement as my dob also recorded in the policy is 11-01-1968. neither do or agent is responding to my telephone call. please help and by either returning my premium amount in full or send me the exact minimum premium to be paid duration with full maturity benefit to save my money
Pinaki dutta
Deputy manager
Power grid corporation of india limited
Cell-[protected]
[protected]@rediffmail.com

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Life Insurance Corporation of India [LIC] Not making payment as per nav on the date of surrender of lic policy[future-plus]

Subject:- Complaint for not making payment as per NAV recorded on the date of surrender of the Future -Plus LIC Policy
Reference :- LIC Future Plus Policy No. [protected] {Amount of Policy one lac}

R/Sir,
With due respect, it is submitted that, I had surrendered my above LIC Policy on 04/08/2009 in the branch office of LIC at SCO No. 8-9, Choti Baradari [Branch Sr.-173] Patiala {PB.}.I have taken the receipt [Acknowledgment] for it. According to the rules, my due payment is to be calculated as per NAV of Future Plus recorded on dated 05/08/2009, which is Rs. 20/02.
But the manager of the concerned branch has refused me to make the payment as per NAV recorded on 05/08/2009 due to {according to him} failure of their system for registration. It is not my fault. The customer has no role in the system of the branch. I am being compelled to beer the loss due to their system failure. There is no such rule in the Policy.
I have also submitted my written complaint to the concerned branch manager Sh. K.L. Gupta on 10/08/2009for not making me the due payment according to the recorded NAV on 05/08/09.
Sir, I am being harassed, and due to this I am in tension. I need the justice. So I request you to personally intervene in the case and provide me justice.
Hoping Early Action
Submitted with thanks.

Yours Truly,
{JOGINDER KAUR} Dated;- 10/08/2009
419-A, St. No.-7, Ghuman Nagar-A,
Sirhind Road, Patiala
{M} [protected] [R] [protected]

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C.V.S Moorthy
, IN
Jul 26, 2010 4:42 am EDT
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I am C.V.S. Moorthy, i have taken a policy called LIC's Health Plus Plan. Policy no. [protected] dt. 9.9.2009. Proposal No. 3955 dt. 9.9.2009, Branch Code : 729, Plan & Term 901 26 26, Yearly mode premium of Rs. 7500/-. In my policy document nominee name workly mentioned as M. Yavana Kani it is actually M. Yavanan Rani. I have given letter to my agent to change this before 9 months. But till now i didn't get it clear this issue. Kindly do the needful.

Thanks & Regards,
C.V.S. Moorthy, [protected],
NO. 54, Pillayar Koil Street,
Redhills, Chennai - 52.

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Life Insurance Corporation of India [LIC] Date of maturity - conflict

my lic policy number [protected] as per original policy document due date is 28.7.09
and when the last payment pzic on 28.6.09 the due date mentioned in the receipt is 28.7.10
when approached for papers to submit to Lic of india visakapatnam city branch III seetammapeta vizag 16
the due date is told as 2010
I have taken VRS in June 2009 and how can we pay one more year premiums (SSS)
pl respond immediately

matter most urgent

regards

denduluri dharmarao
[protected]@yahoo.com

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Non refund of proposal deposit amount Rs2940.00 BOC no.4120, dated 31/07/2006 dev officer code29216 BO II Deoria UP, Bhupendra Nath Mishra With reference to above I applied for purchase of a policy From LIC & deposit RS 2940.00.Unfortunately policy Not issued due to any reason .But I was not informed by Any official of the your company, after 1year I...

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Life Insurance Corporation of India [LIC] Complaint not materilised since may 09

Complaints of 1

ComplaintNo Datedd/mm/yyyy Details Source
181004 07/05/2017 I have noticed that the name of agent has been cha...more I have noticed that the name of agent has been changed from Mr. Kapil Dhawan to Mr. Minhas of Tibbi village of Punjab. Pl. clarity why it so. I sent a mail to the concerned branch but till date there is no response by them. A line of reply with return mail will be highly appriciated. Purshotam Purshotam Ohri PORTAL
The above is my complint filed on 07.5.2017 has not been decided as yet. What will be fate of my complaint? No body in the Branch office bothers about my e-mail sent before 7.5.2017. Pl. intervein and expedite.

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anamikaagrawal
, IN
Sep 28, 2011 10:27 am EDT

Dear Sir,
My father(Late MurliDhar Kanodia) was LIC Policy holder (Policy no: [protected], [protected], [protected]).He expired in Dec'10, First Nominee was my mother but she expired 8 years ago.Now I(Mrs Lalita Agrawal) and my Sister-in-law(Mrs Anita Kanodia) are second nominee of this policies.
We have given request for relieving of money i.e-: 20, 000, 20, 000, 10, 000.But we are not getting any response regarding the same.We have given written complaint as well, but no steps have been taken in this regard till now.
I feel very bad about the way in which such organizations are handling the customers.

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2:58 am EDT

Life Insurance Corporation of India [LIC] Rip off

Policy bond not received from more than one year and they told me that you give an application for getting the new policy bond if I don't received the policy bond then why I will pay again...

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rakesh srivastava
,
Aug 22, 2008 3:56 am EDT

my policy no.-[protected] its policy bond not received more then one year. Branch office no response for it matter.
please make may policy bond.
Policy No. - [protected]
D.O.C.- 17-11-2007
Table & term - 188-20

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12:00 am EDT

Life Insurance Corporation of India [LIC] Payment without my consent

Re: Life Insurance Corporation - LIC

Today morning I got sms on my mobile that a payment has ben made at LIC for Rs. 7115 . Well, It is very much shocking to me as First of all how could ICICI make payment on my behalf WITHOUT MY CONSENT which was mandatory as per my understanding with ICICI when their people contacted me to offer such utility bill payments facility and they assured me that they would never make any payment without my consent .

Secondly the due date for my next LIC premium is 28th may 07 , not 23rd may, this is again very disturbing and loss to me as I have to bear all interest and charges whatever you will debit to me on this account .

3 rdly, upon my call to inquire about it your one Mr. Anand from Mumbai assured me that no such transaction has happened and I should ignore this sms and should remain worryfree BUT I was not satisfied and I called up again and this time one lady picked up and with careful handling she definitely confirmed that 'Yes ' one such transaction has taken place but then she said that systems are down so she was unable to answer me on the question of 'CONSENT' as how could it be made without my consent. AND then she advised me to call after half and hour.

I am absolutely at loss to understand about such negligence and careless handling of credit card account of one of your customer. I want my this complain to be noted with full seriousness and action to be taken 1st. to reverse the transaction for which I never consented, 2ndly. no charges should be debited to me for which I am not responsible and thirdly take disciplinary action against the erring staff of yours who has done this careless transaction without my knowledge and consent.

Please apprise me your action or else I will have to take appropriate legal steps to protect my rights and safeguard from such faulty actions of yours and to recover my amount which you made to lic without my consent and also for the compensation for all the harassment and mental torture which I am going through.

I hope to listen from you soon,

Thanks, yours faithfully,
Ratan kumar Jain.

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Hira Ballabh Sharma
,
Nov 12, 2008 3:16 am EST

Policy No.[protected]

I have been depositing premium regularly against the above policy at Connaught Place Branch. But now a days computer is not getting other branches connectivity. Today on 12th Nov'08 I have gone to LIC, C P Branch to deposit the premium but the dealing person has written LAPSE on the back side of the cheque and asked me to go to Branch 123, at Model Town Branch, New Delhi. Please let me know the status of my Policy. What is the reason behind it.

Your early action will be highly appreciated.

Regards,

H .B. Sharma

S
S
Satnam Bhatia(Sudhir Kumar Bha
,
Apr 02, 2008 1:22 am EDT

Policy No. [protected]

Pls issue necessary instruction to the LIC model Town Branch to deposit the Renewal Cheque

S
S
Satnam Bhatia(Sudhir Kumar Bha
,
Apr 02, 2008 1:20 am EDT

Policy No.[protected]

Pls send instruction the LIC Model Town Branch to deposit the renewal Cheque & issue receipt

S
S
Satnam Bhatia(Sudhir Kumar Bha
,
Apr 02, 2008 1:18 am EDT

Policy No.[protected]
I have given my cheque to the concerned manager in LIC, Model Town Branch, DELHI 110009 on 27 Fweb, 2008.
I regret I have not received the Receipt so far as they say that this policy has not been allotted the units & awaiting head office approval.

Pls solve this problem & issue necessary receipt

M
M
MML Verma
,
Sep 11, 2007 6:42 am EDT

Why r u complaining against LIC? It is the dirty? Work by ICICI Bank alone!

Overview of Life Insurance Corporation of India [LIC] complaint handling

Life Insurance Corporation of India [LIC] reviews first appeared on Complaints Board on May 23, 2007. The latest review LIC Jeevan Anand policy's Fraudulent assignment was posted on Dec 28, 2023. The latest complaint Providing false information was resolved on Sep 05, 2013. Life Insurance Corporation of India [LIC] has an average consumer rating of 3 stars from 48 reviews. Life Insurance Corporation of India [LIC] has resolved 23 complaints.
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  1. Life Insurance Corporation of India [LIC] contacts

  2. Life Insurance Corporation of India [LIC] phone numbers
    1800 334 433
    1800 334 433
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    1800 224 077
    1800 224 077
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    +1 (800) 233-1100
    +1 (800) 233-1100
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    +91 222 217 8600
    +91 222 217 8600
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    +91 755 267 6254
    +91 755 267 6254
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    More phone numbers
  3. Life Insurance Corporation of India [LIC] emails
  4. Life Insurance Corporation of India [LIC] address
    LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, 400021, India
  5. Life Insurance Corporation of India [LIC] social media
Life Insurance Corporation of India [LIC] Category
Life Insurance Corporation of India [LIC] is related to the Insurance Services category.

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