LIC Market Plus Plan 181,Growth fund

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Category: Business & Finances

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India

LIC Market Plus Plan 181,Growth fund Reviews

H V Patel April 1, 2011
I filled up form of SIngle Premium and LIC have cosidered as Multiple Premium
I have invested Rs:10, 000 in LIC Market Plus, Growth Fund, Plan no:181, policy number :836090586. I filled up proposal form in SINGLE PREMIUM and B.O. office has entered plan as MULTIPLE PREMIUM. This I came to know after 2 years when i approached B.O. office to know SURRENDER VALUE. They said my policy is under RED.PAID-UP and policy is under YEARLY mode.

I have shown the proposal form which was filled by my agent and presented to them. According to that they have accepted that as per your proposal policy should be under SINGLE PREMIUM. But B.O. office has not taken any steps till now. They are not replying to any of my mails which are send to LIC official mail address of CRM.

I am tired now and stooped all investment in LIC and telling all my friends/relatives not to invest money in LIC. I don't trust LIC now. Neither they are informing present NAV value nor informing about due amount.

I have very good experience with Reliace ULIP plan. They are sending statement every 6 months and i am aware what is NAV of my investment.

I have send many mails '[email protected]' but still not getting any reply.

Can anybody help me?

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