Inconsumercomplaints.com » Miscellaneous » Review / complaint: LIC - Change payable mode from quarterly to monthly against LIC Jeevan Saral Table No. 165 | News #378062

LIC
Change payable mode from quarterly to monthly against LIC Jeevan Saral Table No. 165

To: bo_16J

Cc: crm rohtak; sdm.rohtak

Subject: Change payable mode from quarterly to monthly against policy no.176153806

R/Sir,

I request that my policy no. is 176153806 Branch Code-16j, Bahadurgarh. But it payable at quarterly. Because Life Insurance Corporation not give to any rebates in monthly & quarterly for special plans Jeevan Saral (Table No.165).

REBATES FOR MODE OF PREMIUM PAYMENT AND HIGH SUM ASSURED

Mode rebate : 2% for yearly mode and 1% for half yearly mode. There are no rebates for quarterly and SSS mode.

If above line is true, I request that please change my payable mode from quarterly to monthly.

i want deposit amount on monthly basis.

Some Details as per attached file...

from bo_16J

to amit malik

date Thu, Oct 29 at 7:36 AM

subject RE: Change payable mode from quarterly to monthly against policy no.176153806

mailed-by licindia.com

For your regular mails regarding change of mode from quarterly to monthly. In this connection we have to inform you that in this plan monthly mode is not allowed. Further we have to inform you that the following rebate are allowed in Yearly and Half Yearly Mode.

We further want to inform you that if any other querry is there please contact us in our office.

Yearly Mode 2%

Half yearly 1%

Qly Nil

SSS Nil

Chief Manage


Company: LIC

Country: India

Category: Miscellaneous

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