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Trichy, Tamil Nadu, India
Working as an Assistant in LIC of India, Rockfort BO, Trichy, TN. Having a strong belief that LIC's welfare is our welfare and always trying to work towards that. I'm a member of AIIEA.

Sunday, January 31, 2010

SBI Life Policyholder paid 1 Lac.; Received 10 K!

Here is a First Premium Receipt, Foreclosure Letter and relevant cheque of a SBI Life Policyholder. According to him, he paid a single premium of Rs.1 Lakh and the SBI Life Agent remitted it as yearly premium, without his consent.  Whatever it may be, he paid Rs.1,00,000.00 on 8.3.2006 and SBI Life foreclosed the policy and refunded him Rs.10,865.80 on 7.9.2009.




Courtesy: x+ Rtn.V. Meenakshi Sundaram,
                       Professional Agent,
                       Life Insurance Corporation of India &
                       The Oriental Insurance Co Ltd,
                       Trichy.
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2 comments:

  1. AnonymousJanuary 31, 2010 at 3:51 PM

    PROOF ON SBI LIFE FORE CLOSURE ACTION IS EXCELLENT NO ONE CAN BEAT LIC
    SHAIK BABU LIC DO BHADRACHALAM AP

    ReplyDelete
  2. Hitechagent PadmanabhanFebruary 4, 2010 at 10:51 AM

    Mr.Arivukkadal, Hat's off to u, u did an excellent job. I too feel proud about the work done by my Shishya Mr.Meenakshi Sundaram, Trichy.
    Now many will understand abt Pvt companies

    ReplyDelete

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