\
Suggestion Complaint Remedies सुझाव / Suggestion शिकायतें / Complaints निराकरण / Remedies

L I C OF INDIA Policy no.365447336 and policy no. 365447337 sent under lein period for CANCELLATION

Complain ID : CCN013933   21  

Delivery Complaint Complaint Date: August 25, 2015
  • State :  Karnataka
  • City :  Bangalore
  • Address: St. Marks Road Branch Oriental Buinding First Floor
SIR,
THIS COMPLAINT IS IN REGARD TO 2 POLICIESNO.365447336 AND NO.365447337 ISSUED BY LIFE INSURANCE CORPORATION OF INDIA AS MENTIONED ABOVE BRANCH ST.MARKS ROAD BANGALORE. THE POLICIES COMMENCED ON 16/3/2015 AND POLICY BOND RECEIVED BY SRI GHANSHYAM DAS S T THE PENSIONER ON 17/4/2015. AS MY FATHER THE PENSIONER-VARISHTA PENSION BIMA YOJANA, DECIDED TO CANCEL THE POLICIES AFTER GOING THROUGH THE TERMS AND CONDITIONS, HE GAVE A LETTER AND ALSO THE ORIGINAL BOND OF POLICIES AT ST.MARKS ROAD BRANCH BANGALORE FOR CANCELLATION ON 25/04/2015. AFTER REPEATED FOLLOW UP THE BRANCH DID NOT CANCEL THE POLICIES. MY FATER EXPIRED ON 23/5/2015. LIC OF INDIA WHICH HAD COLLECTED THE POLICY AMOUNT OF RS.135000/- PLUS SERVICE TAX AND 130000/- PLUS SERVICE TAX, TILL DATE HAS NOT SETTLED THE SAME. I DEMAND THE TOTAL AMOUNT COLLECTED PLUS SERVICE TAX COLLECTED AND ALSO BREAK PERIOD INTREST TILL DATE 15/8/2015, AS I HAVE ALREADY SUBMITTED THE NECESARY PAPERS ALONG WITH DEATH CERTIFICATE ALONG WITH NEFT FORM .THIS IS TOTAL IGNORANCE ON PART OF LIC OF INDIA AS I AM PUT TO LOT OF MENTAL STRESS AND HARASMENT. I WOULD ALSO FILE A CASE IF THE LIC OF INDIA DOES NOT FULFILL MY DEMAND. HENCE THIS COMPLAINT. TODAY 25/8/2015 LIC OF INDIA IS YET TO SETTLE THE CLAIM. I DEMAND SUITABLE ACTION ALONG WITH COMPENSATION FOR UNDERGOING THIS MENTAL STRESS AND ANXIETY.

Share Now Ask Question Reply Now Contact Submit Complaint

Related complaints

Complaints

    Service issue | Complaint | Query | Feedback | Suggestion | Reply

    Write your Consumer Complaints at forum, talk to members having similar complaints. Consumer Court, Consumer Complaint, Help to file Consumer Complaint Court, Address of Consumer Courts, Complaint against mobile phone service Online Consumer Complaint, Complaint against government department How to trap a bribe seeker Complaint.