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Jeevan Suraksha Policy – Payment and Receipt of Annuity on Maturity
Ref. to LIC- Jeevan Suraksha Policies i.e.-(a) Policy No-611510475 dt-01/10/1996with notional Cash Amt-1,87,500/
& Amt. of Mnthly Pension(Annuity Rs.1848/=
& (B) Pol.No-611509979 dt-01/09/1996 with
Notional Cash Amt-1,28,801/= & Amt of Mthly Pension(annuity)Rs.1270/=, Which was contracted between Insured(LIC) & Insured in the year 1996,considering the @ of Interest payable on/from date of Maturity to the Insured, but now that there is Change in Interest rate then to Now,and New Scheme brought by LIC in times to Come in Future, Then at Higher & now at Lower rate, even after Opting for Option/s asper LIC’s mail/Ltr, sent to Insured, to affect the Payment of Annuity, Why @ under Value insted Amount
mentioned in the Contract Bond Document,
Eg. In case Pol(A)-Instead of Rs. 1848/= p.m.(i.e-1848/- X 3= 5544/= per Qrtrly Period) recvbl,I am paid Rs. 4918/= only & likewise for Pol (B) instead of Rs.1270/= X3 Mnth/Qrtr=Rs.-3810/=, only Rs. 3381/= is being paid/Credited, Why Cheating or such difference? Is there any Solution Or Any Who can sort this Undervalued Returns Paid to the Insured, What’s the Ethics or the Principle of LIC to it’s Customers/Clients.
Reqst, You to Resolve or Direct the U/signed to Approach IRDA to seek Legal
Help/Clarification on Priority & Earlist
Anticipatimg reply. Regds.
Arun C. Sharma
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