Inconsumercomplaints.com » Miscellaneous » Review / complaint: Life Insurance Corporation of India - LOW SETTLEMENT VALUE ON MATURITY OF POLICY | News #381775

Life Insurance Corporation of India
LOW SETTLEMENT VALUE ON MATURITY OF POLICY

Sir,

I, Basanta Kumar Rout is the holder of policy No. 585363246 (Date of Commencement 28.08.2003) under Table 149 with 5 yrs. premium payment terms of Rs 24774 per annum. The total primium paid by me in the 5yrs. period is Rs. 123870 while on maturity I have been intimated to get only Rs. 1.16 (appx.)lacs only which is even below the primium amount paid by me.

May please look into the issue and advice me.

B.K.Rout


Company: Life Insurance Corporation of India

Country: India

Category: Miscellaneous

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