Nil
Non surrender of policy
- 05-14-2009
- 71
I had taken a jeewan suraksha policy no. 214374782 for Rs 10, 000/00 only to be metured on 28.03.2009.
Much before the date of meturity, I submitted a request to surrender the policy fulfilling all the required formalities. The policy has not been surrendered, instead yesterday I have received a letter for informing me inability of the LIC to surrender the policy with the plea that the formalities were not complete. This is simply a harrassment. If the formalities were not complete, why I was not informed well in time?
I will not accept any pension etc except the surrender value of the policy.
Appropriate action needs be taken.
Company: Nil
Country: India