This is a discussion on LIC fraud about Jeevan saral policy within the Bad Response or Bribe forums, part of the Government Department category; I had taken Jeevan Saral policy of Rs 24020/- pa premium for 35 yrs witn SA 5 lac. At the ...
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LIC fraud about Jeevan saral policy I had taken Jeevan Saral policy of Rs 24020/- pa premium for 35 yrs witn SA 5 lac. At the time of Policy I have shown the attached chart which shows the Guaranteed maturity amount of Rs. 16 Lac after 20 yrs. But later I came to know that this is fake and in all over India agents are taking policy by showing this chart . I made a meeting with the district Chandrapur LIC branch Manger but he says we can not do nothing,eventhough they are not telling actual maturity also because it depens upon the loyality declaration by LIC after 10 yrs.If LIC is doing such miscommunication to customer then it will lose the trust which LIC had!!!!!!!!!! Your urgent and immediate intervention is required.
The surprising thing is that All Branch Managers of LIC in all over India are aware of this cheat yet they are not taken any action.
LIC jeevan saral is big cheater. LIC jeevan saral is big cheater policy of them. I paid 24020 for three years and after three years they return just 41,250 rupees. big loss to me. stay away from such policy salers....but the time selling policy, they will say goldern peacock award and will show a fake return document based on fake percentagae 10%.
LIC jeevan saral - My experiance LIC Jeevan Saral is big cheater policy. I paid 24,020 for three years {Insurance cover 5 L} and after three years they returned just 41,250 rupees. I have surrendered the policy, No body from their department will tell you truth about return of policy in 3 years, 5 years, 10 years .
at the time selling policy, they will say golden peacock award and will show a fake return document based on fake return percentage 10% and will say lots of fake things based on loyalty addition bonus point etc. they will also compare, policy is better than RD in return.
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