Life Insurance Corporation of India
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Category: Miscellaneous
Contact Information India
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Life Insurance Corporation of India Reviews
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umeshwar dayal saxena
November 29, 2010
Non payment of LIC monthly pension/commutation mount
To,
The Chairman & Managing Director,
Life Insurance Corporation of India,
(Complaint Cell)
Through: LIC Office
CAB, Kox Kutir, Jodhpur
Respected Sir,
Subject: My Policy No. 182309024--Pension Scheme
Date of Policy:15.02.2000 Date of Maturity:15.06.2009
Date of Ist Pension Installment: 15.03.2010.
Name of Policy Holder: Umeshwar Dayal Saxena.
-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.
Please refer to the aforesaid matter. I am having my policy at LIC Office, Cox Kutir, Jodhpur, Rajasthan. I further refer tomy e-mail dated 11 November, 2010 and herewith resubmit the details already submitted to you as under:-
I HAD VIDE MY LETTER DATED 02.06.2009, REQUESTED THE LIC Office, Jodhpur to note my present address of Plot No. 42, Sector-6, Vidhyadhar Nagar, Jaipur (Rajasthan) and sent me the option form. I had also written in my letter that I intend to apply for commutation as per applicable in the scheme i.e 25% or more.
Further, I had written letter to LIC Office, Jodhpur on 24.06.2009 and other six more letters written on various dates. My sixth reminder was only acknowledged by LIC vide their letter dated 26.07.2010, wherein they had explained that they have not received my option form prior to Jan.2010. surprisingly, the LIC Office was waiting for my option form, whereas they never sent me the captioned Option Form, to enable me to fill the same and return them. My all earlier letters including of six reminders, all contained the facts that I was interested in commutation and monthly pension amount.
I had also written letters to I.P.P. New Delhi in this regards, but regret to state that I never received any reply from them.
I personally visited Jodhpur LIC Office on 26.07.2010and explained my grievances to concerned staff members, who were looking after the seat of Mr.D.L. Dabla as Mr.Dabla was on leave on that day. The LIC, Jodhpur Office very greatfully wrote to me a letter on the same day i.e. 26.07.2010 and informed me that they have written letter to I.P.P. New Delhi for making payment at the earliest.
I had again explained my position vide my letters dated 07.08.2010 and 09.08.2010 written to LIC Jodhpur and copy duly endorsed to The R.M. I{{ Cell Connaught Circus, New Delhi.
I lastly submit as under:-
1. The LIC Office Jodhpur did not take proper action timely and never sent me the Option Form and more so ignored my letters, wherein, I had already stated that I was interested in :-
(i) Commutation
(ii) monthly pension.
2.The CAB Branch Jodhpur, ignored my letters/written request for commutation, and un-authorizingly sent commutation required as "NO" of their own, which is against the natural justice.
3.Till date, I have neither received the commutation amount nor the monthly pension amount cheques. Please arrange to send the same along-with the reasonable amount of interest for the delayed period.
4. Kindly let me have your address, where I can send the copies of my various letters and letters received from LIC Office, Jodhpur to enable you to understand the facts and sort out the actual mistake incurred at the level of LIC Office, Jodhpur.
Lastly, I submit that I received a telephonic call from Mr. D.L.Dabla, Staff, LIC, CAB BRANCH Jodhpur, around 24 November, 2010 advising me that the LIC Office is shortly sending me the Claim form and I had to put my sign over Revenue Stamp in lieu of receipt of the commutation amount to enable the LIC to dispatch me the cheque of commutation amount. I regret to note that after lapse of considerable time, I have till today not received the captioned claim form. The matter has already been over delayed and matter requires urgent and immediate response.
Further, in case your Office is not the concerned Office to hear my grievances, please let me have the e-mail address of the Office and designation of the person to whom I can approach for the justice. I hope, my complaint will now receive the right response at the earliest possible and preferably by return of e-mail from your good office. I hope your office will initiate the proper action at top priority avoiding any further complication in the matter and will not compel me to knock the door of other competent authority for sorting out my grievances.
Yours faithfully,
Umeshwar Dayal Saxena
Plot No.42, Sector-6,
Vidhyadhar Nagar, Jaipur (Rajasthan)
PIN: 302023
My Land line No. is: 0141-2230042
My Mobile No. is: 09828579404
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ASHOK SRIVASTAVA
October 8, 2010
PAYMENT OF SERVIVAL BENEFIR
Subject: Payment of Policy No. 253150335
Dear Sir,
I am Ashok Kumar Srivastava. I am holding a policy No. 253150335. I had purchased the policy from LIC E-3, Sector-I, Noida in the month of Feb 2004. After the completion of four years policy was matured and as per the terms of policy the LIC has send a cheque amount to Rs.20, 000/- ( Rs. Twenty Thousand only ) at my old mailing address on 08.03.2008 but I have not received the cheque till date. Some one has picked up the registry from the postman. This man has same name, he cash the cheque in Gopalganj (Bihar).
I have written twenty registered letters and a lot of E-mails in this regards but I have not received any positive response from their side. I visited personally two times in LIC office and met The Branch Manager and Costumer Care Officer Mr. Jogendra Kaul & Mr. Oswal.
I would like to inform you that the LIC has neither reply my letters nor send the cheque Amount to Rs 20, 000/- ( Rs. Twenty Thousand only ) till adte.
I request you to kindly help me.
Thanks & Regards
ASHOK KUMAR SRIVASTAVA
9811153317
House No 564
Vill & P, O.Kulesara, Greater Noida ( U.P.)
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Ashvin Bhatt
June 24, 2010
payment of policy proceed
Jeevan Suraksha -1(plan with profit),
I have paidup all premium stipulated in the plan.
It is a pension plan.
I have retired from the job. I need fund to fullfill the oblgations.
I applied to LIC requesting to give eligible procceds. My first request letter was misplaced by the employee. She told me to give new one, which i gave on 19/05/10 alongwith requred attachments.The concern officer normally remains on leave, their other colleaguges keep themselves busy discussing across the desk. My contact details are mentioned in my application.They have not extended curtesy to inform me.
I need fund urgently LIC does pay not payheed to my request.
Ashvin Bhatt
Hill Drive,
Plot No 2237 A1/2
Near Green Park Society,
Bhvnagar364002
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Manish Agrawal (New Delhi)
April 19, 2010
Cheated by the LIC Agent Mr. Sanjay of Vasant Vihar, New Delhi Branch
Dear Manager Dt. 3rd April, 2010
Life Insurance Corporation of India New Delhi
We had been sold a Unit Linked Policy by your insurance advisor Mr. Sanjay Chaddha (Mobile No. 9990446688), who sits in Unit 127 Development Office, Vasant Vihar Community Centre, New Delhi.
The annual premium was Rs 60, 000. We had given him a cheque (Cheque No. 534533, drawn on Axis Bank Limited) of Rs 60, 000 favoring LIC on 31st December, 2009, which was cleared on 4th January 2010.
We were not provided any receipt by Mr. Sanjay and after persistent follow-ups for the receipt and policy documents as was required by our tax consultant for investment declaration; our medical test was conducted by their team of doctors on 7th Feb’10 at our residence.
(The co-ordinator for medical test was Eliza M.# 9871027922, from Aakash Hospital, Malviya Nagar, New Delhi)
Our grievances are:
1. We had planned our investment much before the financial year end i.e., 31st March’10 and had also paid the first installment but were not issued any cover note or policy for more than three months after paying the said installment.
2. After several follow ups, we were told that the medical tests has to be done again and there was a blood test (Sugar, HIV and ECG) needs to be done. We gave the blood sample on 1st April’10 at Akaash Hospital, Malviya Nagar, New Delhi. On ECG test the co-ordinator Eliza told us that it was not required.
3. As we did not get any policy / cover note or receipt of payment we could not submit it in our company for income tax rebate which was a huge financial loss to us.
4. On doing further follow-ups, we were told by Mr. Sanjay that there would not be any loss because of not submitting our investment declaration (Tax loss of Rs. 12, 000 i.e. 20% of 60, 000) and he will co-ordinate with Income Tax department for our refund. It was this statement that alerted us as whatever little we understand, now when we have not produced any investment document and our tax has already been deducted, all we can do it is put it in IT Refund Claims.
5. The money (Rs 60, 000/-) was with LIC for three months and we suffered the interest had we invested this money in some term deposit. (Plus 12, 000 of tax loss)
6. Who would compensate us for the extra premium that we will now have to pay as we both have turned an year older in January.
We have great trust in LIC and hence we decided to invest in it but this entire episode has reflected the darker side of the working of LIC
We would appreciate if my installment along with interest be returned to me immediately. We would also like to have LIC’s response on the age factor because of which we will have to incur an extra premium payment year on year.
Thanks
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Hilary Rodrigues
February 1, 2010
Request to transfer the file
Dear sir,
Reg Pol.No 623516510
Kindly transfer the above file to career agents branch(709) Mangalore at the earliest.I have sent the request by post earlier too, but no response.
I hope you will do the needful.
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Purshotam Ohri
July 14, 2009
Complaint not materilised since May 09
Complaints of 1
ComplaintNo Datedd/mm/yyyy Details Source
181004 07/05/2009 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 07.5.2009 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 7.5.2009. Pl. intervein and expedite.
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