JEEVAN SURAKSHA POLICY NO310924108 AT DISTRICT BARANCH OFFICE ALLAHABAD.UTTER PRADESH
DELAYED RELEASE AND WRONG OPTION

I am holding a Pension Policy No310924108 at your Dist Branch Office Allahabad. The policy has taken from Allhabad and subsequently I had been transferred to Bhopal MP State AND THE NEW ADDRESS has been intimated to the concerned office of LIC immediately. The policy matured and the 1st instalment of pension was due for payment on 05.05.2008. After a great persuation both by letter and telephone yesterday 25th of Sept. I got a cheque dated 11.09.2008 equivalant to the amount of the 25% of the sum assured which I was not opted for, that too a local cheque at Allahabad sent to me at Bhopal. Kindly clarify the following:

1. Why commutation amount has been sent to me with out my option,

2.Why it took 4 long months to settle this claim despite of submitting all the documents,

3.What was the logic of sending the local Allhabad cheque to Bhopal when they know my local address at Bhopal? Do you want me to spent some more amount on clearing charges and wait for another one month for getting the cheque cleared or may I assume it is another delay tactice inaddition to the 5 months delay?

4.Why they have not sent me the ineterest on the delayed payment for the period May to September?

Kindly address my grievances by return mail.

P.K.Chandran

email: chandranpeekay@yahoo.co.in

Company: JEEVAN SURAKSHA POLICY NO310924108 AT DISTRICT BARANCH OFFICE ALLAHABAD.UTTER PRADESH
Country: India

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