Life Insurance Corporation of India
Unjustified deduction of premium gap for the month of Jan’2008

The letter which was send to LICI furnished below, this is for your kind information & necessary action please-

To

The Customer Care Manager

Life Insurance Corporation of India

(Kind attention Mr Haque)

Sub:- Unjustified deduction of premium gap for the month of Jan’2008

Sir,

My particulars are furnished below for your kind information and necessary action-

Name: Rajesh Kumar Ojha

LIC Policy No. : 416785719

Date of Commencement : 28.05.2007

Sum assured: Rs.2, 00, 000/-

Plan: New Bima Gold (T.No.179), 4 years money back policy

Policy Term : 16 years

Monthly Premium amount: Rs 1166/- through monthly salary from South Eastern Railway, Kolkata-43

Expected 1st money back after 4 years (as on 28.05.2011) is: Rs.30, 000/-

Unfortunately LIC (India) issued cheque of Rs.28, 834/- instead of Rs.30, 000/-

Reason shown for deduction due to gap premium of Rs.1, 166/-for Jan’2008 vide Divisional Manager’s letter dated-23.05.11

As per employers (South Eastern Railway, Kolkata) record that bulk premium amount of Rs.1, 41, 330/- was paid to LIC (India) vide Cheque No. – 998745 dated 23.01.2008. In which premium amount of Rs.1166/- for the month of Jan’2008 against policy No.416785719 was included.

In view of the above it is requested to take necessary action towards pay the difference amount of Rs.1, 166/- as early as possible by rectification of the monthly premium data for the policy no.416785719.

Yours faithfully

Rajesh Kumar Ojha

Cell-09002081863

Company: Life Insurance Corporation of India
Country: India
State: West Bengal

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