ICICI
Non refund of maturity value

I, Geeta Verma, Policy holder of LifeTime Super Policy Number 06037394 (UIN Number:105L056V01) of icici prudential life insurance paid all the three installments of Rs 30, 000/- each on following dates

14-Aug-07, 27-Aug-08 and 25-Aug-09.

i was being told by ICICI officials that i will get the maturity value of RS 1, 35, 000/- in month of January but till now i have not recieved any penny from them even after innumerable calls and requests.

lately, i recieved a call from ICICI agent that i have to open a new account with Rs 30000/- in name of IRDA in either HDFC or IDBI bank, only in that case they will issue us the cheque of maturity value which will be payable in that account only.

I would like to ask who are they to decide in which bank my money will go and why are we being tortured for getting our own money.

I request the complaint cell to resolve this issue as soon as possible as it seems to me that some fraudulent practices are being played here.

Thanking You,

with regards,

Geeta Verma