To,
Branch Manager
Life Insurance Corporation of India
Trans Gomti Branch “21N”
L.I.C. Bhawan, Sector “E”
Ring Road, Jankipuram,
Lucknow. (U.P.)
Sub: Request for cancellation of Policy No.236139636 (Endowment plus) dtd.31.12.2010.
Sir,
I had taken a L.I.C. policy no. 216799441 on 14.07.2007 from an agent no. 0232921N (Name: - Sh.K.L.Maurya) for 3 years @ instt. Premium Rs. 20000.00 yearly. After completion of three years I asked for repayment of maturity value of Rs.64000.00 from my agent in Dec.2010. He gave me a blank form to sign .When I asked he said that it was necessary after maturity of policy and only after signing this form maturity cheque would be given. But when I received the cheque it was just of Rs.34000.00 only. When I asked about remaining Rs.30000.00 the agent told that he issued a new policy in my name of instt. @ Rs.30000.00 yearly and gave me first premium receipt no. 123313 dtd.31.12.2010 of Policy No.236139636 (Endowment plus) of Trans Gomti Brach 21N Jankipuram Lucknow (copy enclosed). When I got angry for this dirty act he assured me that it was a single premium policy and I would get the maturity value of this policy just after one year, and he did this because he had to complete his target.
After nearly three months when I received a policy in my name I saw in it that the term of this policy is 10 years and the date of maturity is 31.12.2020 (Copy enclosed) which is absolutely against my consent and that agent did it fraudulently keeping me in dark and hiding the facts. Since then I had asked this matter to my agent several times but neither he gave me any reply nor he contacted me even he did not receive my phone calls. At last disappointed from his unprofessional behavior I am bound to lodge complaint against him. This is very shameful that LICI is one of the Biggest and most trustful organization of India & your agents are cheating people for their own benefits.
You are therefore requested to cancel the aforesaid policy no. 236139636 and kindly refund my amount at the earliest and also take the adequate action against that agent for his unlawful act as he has shattered my faith.
Yours faithfully
(ANUP SWARUP)
S/O (Late) Krishna Swaroop
27, Katra Mohd. Ali Khan, Chaupatian,
Lucknow (U.P.)
E-mail anoopswaroop1961@gmail.com
Mob.09415522229


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