LIC OF INDIA
Money Plus Policy no. 312904936

Dear Sir,

I am a senior professor of Allahabad University and President of Allahabad University Teachers Association. I took a Money Plus policy No.312904936 on 23rd Feb 07 for my wife from your CBO 1 office civil lines Allahabad. I was paying yearly premium of Rs.6250/-. After depositing 3 full years premium more than 18000/- I came to know that I have only 539 units balance in my policy account. It was because of 7, 55, 000 sum assured, but according to policy terms sum assured can be given only 5 times to 20 times of yearly premium. I had applied only 5 times sum assured. Nominee name is also incorrect. Several times I visited your office to solve the problem, but nobody is ready to take pain.

I request you to correct the fault and credit units in my policy accounts, otherwise I would be bound to go to consumer court.

Thanks

Professor Yogeshwar Tiwari

Department of Med.& Mod. History

University of Allahabad

Company: LIC OF INDIA
Country: India
State: Uttar Pradesh
City: Allahabad

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