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Q. LIC Agent cheating

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Anonymous

posted 2 years ago

Q.LIC Agent cheating
Hi,

To renew my LIC policy my LIC agent asked me to send premium due amount in his bank account (as I am in another city) he will deposit and renew my policy immediately as he said he is sitting in LIC only.

Now its been more than a week he is making pretances one after another but not depositing in my LIC policy.

What legal action can I take against him.

I have his whatsapp communication where he shared the policy quotation showing amount due and he shared his cheque book copy for online transfer. And online transfer details are there with me.

Please advise!

Regards,
Khalid Jamal

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Deepak Yashwantrao Bade

Experience: 10 Year(s)

Responded 1 year ago

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A. ) dear client This is a fraud committed by agents and even if they do not commit fraud there is a huge risk of not depositing the funds/premium and the policy can expire.It is premature and you can Approach Regional Office of Lic for complaint.

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Kishan Dutt Kalaskar Retired Judge

Experience: 34 Year(s)

Responded 2 years ago

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A. ) It is premature. Approach Regional Office of Lic.

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Abhimanyu Shandilya

Experience: 15 Year(s)

Responded 2 years ago

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A. ) This is a common from of fraud committed by agents and even if they do not commit fraud there is a huge risk of not depositing the funds/premium and the policy can expire. Hence suggested that you avoid paying through agent's account.
Now in this case you can send a legal notice to that agent and force him to do what is expected to be done by him.

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