All policies in LIC (Life insurance Corporation)
Totally wrong information

This is a very surprises story about LIC

Generally so many persons are assumed that some of the agents are saying lies about schemes to procure business from the customers by giving wrong information.

But manager and development officers of LIC are misguiding the agents by training wrong information. so many agents have not known about charges in the unit linked policies would be cut by cancellation of appropriate units. they are saying total wrong information about maturity values. out of all companies LIC is saying many lies about schemes and their maturity values. suppose in the past days in LIC, all development officers and managers of the branch were saying in MONEY PLUS if you pay 10000 yearly for three years then you will get maturity of 50000000 from the LIC. then innocent people so many are invested the money because of along with agents so many high level officer cadre and managerial cadre giving wrong information. some persons are approached the branch about the infact statements then they said we dont know these statements, some agents may canvass that such wrong information. but brach managers and development officers are given training in such a way of wrong information to procure high volume of business from agents. hence this is entirely wrong by the branch managers and development officers.

please take this message to IRDA

Company: All policies in LIC (Life insurance Corporation)
Country: India

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