LIC ULIP
Discrepancy in allotment of Units

Respected Sir

I had purchased following ULIP policy's in August at LIC Warangal branch - 68G through an agent. When I checked units allotted against these policies, I found discrepancy's in allotment. I found LIC had alloted less no. of units at a major difference of 26%-40% againist item 2 & 3 (ref. Table). In this connection I wrote a complaint to the respctive Branch Manger on 6th October however I didn't get any reply from him.

Policy DOP Table No. Amount Units

Alloted NAV-A *NAV-P Difference

688043028 9-Aug-07 Market plus (G) 181 90, 000 7, 461.475 12.0620 11.6432 3.60%

688043078 10-Aug-07 Market plus (G) 181 25, 000 1, 725.232 14.4908 11.5331 25.65%

688043295 11-Aug-07 Money plus (G) 180 90, 000 6, 385.543 14.0943 10.1108 39.40%

NAV-A = NAV on allotment date

*NAV-P = NAV on purchase date provided in LIC web-seite

So, Kindly arrange to advise me in how to proceed further and Is ther any possiblity of getting proper units agianist item 2&3 in above table?

Thanks & Regards

K.V.R.Prasad Sr. QS

AECOM

P.O.Box: 6650

Doha, Qatar

Mob: 974 50 18 257

Company: LIC ULIP
Country: India

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