L.I.C.OF INDIA, JEEVAN PLUS
STATEMENTS OF UNITS BALANCE NOT RECEIVED
- 02-22-2011
- 204
I have taken a LIC JEEVAN PLUS policy vide policy no.693985128 D/29-11 plan 173 and paid an amount of Rs 20000.A policy was also issued in my name i.e Vanka.yathiraja valli with nominee as V.V.R.Shyamkumar..This is an invevestiment under LIC'S JEEVAN PLUS GROWTH A UNITED-LINKED SCHEME UNDER PLAN NO.173.As per the charcterstic of this scheme this amount will be invested debt/equity market with a ratio of 50%:50% in government securities and equity shares respectively and interest/dividend and profit earned as the case may be will be adjusted to my credit each year to be utilised as further premiums of this scheme. Thus the liablility of further due premiums of the above scheme is reduced to this effect and balance income on this scheme supra above shown as credit balance in my favour every year and the staments thus arrived be sent to me to alert the the further liability if any on this schme. Thus in the process a paper was also published as on 14-07 that this scheme was benifited by 29% since october to 14-07. this gave me a hope that my capital appreciation is Rs 5800 in thi speriod and would contribute a lot towords my liability of premium payments to this extent. But the LIC has not sent the annual statements as such and now a letter was received on 19-02 vide their letter no nil dated 31-01 asking me to pay some amount vaguely without giving the period or the basis for their contention. I approached on 21-11 the dvisional manager, VISAKHAPATNAM .But he is not in a position to sbstanitiate the contents of the letter and vaguely asked me to remit some amount. The basic requirement to any due amounts is the specific demand for the due amounts for the same based on the above terms of this scheme as explained above supported by proper annual statements reflecting the credits and debits for the relevent years. Unfortunately the LIC chosen to through all norms and vaguely to winds but sending letters saying that you may fall due of amounts and remit some amounts or prepare for foreclosure threatning of dire consequences unilaterally which are arbitrative and aganst the HUMAN RIGHTS.Hence I request to kindly arrange to send the ANNUAL STATEMENTS SHOWING DEBITS CREDITS IN VIEW OF THE EARNINGS out of intersts, dividends and profits on the intial investment of Rs 20000 in 2005 as explained above as per the terms of JEEVAN PLUS OF LIC notified at the outset of this scheme. KINDLY ARRANGE TO SEND MY STATEMENTS OF MY ACCOUNT SINCE 06.07-08-09, AND 10.PLEASE ARRANGE TO ESTABLISH BASIS FOR LIC'S INTIMATION TO REMIT SOME AMOUNT VAGUELY.Kindly arrange to send the above basic requirements failing which Iam constrained to seek JUSTICE through appropriate autuorities includng IRDA.Kindly reply within a fortinight or othrwise--VANKA .YATHIRAJAVALLI, D4 VAMSI APARTMENTS, JAGANNADAPURAM, AKKAYYAPALEM.P.O.VISAKHAPATNAM, 530016
Company: L.I.C.OF INDIA, JEEVAN PLUS
Country: India
State: Andhra Pradesh
City: Visakhapatnam