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Q.LIC Agent cheating
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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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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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Deepak Bade

Experience: 9 Year(s)

Responded 3 months ago

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

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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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Categories
Administrative Law (467)
Adoption (125)
Advertising (59)
Animal Laws (40)
Arbitration and Medi... (50)
Aviation (16)
Banking (591)
Bankruptcy and Debt (201)
Cheque Bounce (423)
Child Custody (166)
Civil (2152)
Commercial (93)
Consumer Protection (582)
Contracts and Agreem... (486)
Corporate and Incorp... (114)
Criminal (1681)
Customs, Excise (42)
Cyber, Internet, Inf... (349)
Debt and Lending Agr... (79)
Debt Collection (178)
Divorce (664)
Divorce and Separati... (1600)
Documentation (314)
Domestic Violence (645)
Election Campaign an... (23)
Employment and Labou... (1168)
Environment and Natu... (31)
Equipment Finance an... (3)
Family (2056)
Financial Markets an... (101)
Government Contracts (57)
Human Rights (278)
Immigration (56)
Industrial Laws (66)
Insurance (81)
Intellectual Propert... (110)
International Laws (12)
IT Contracts (54)
Juvenile (17)
Landlord and Tenant (625)
Licensing (21)
Mail Fraud (18)
Maternity (61)
Media, Communication... (16)
Mergers and Acquisit... (20)
Military Laws (15)
Motor Accident (144)
Muslim Laws (60)
Outsourcing Agreemen... (5)
Partnership (64)
Police Laws (64)
Power of Attorney (75)
Privacy (97)
Property (3011)
Real Estate (433)
Registration (139)
RTI (111)
Sale (57)
Sale of Goods (20)
Sex Crime (142)
Sexual Harassment (6)
Sexual Harassment at... (69)
Software License (4)
Tax (19)
Tax-GST (10)
Tax-Income Tax (26)
Tax-Property Tax (33)
Telecommunication (13)
Torts (22)
Transportation (64)
Trust and Society (N... (89)
Will (144)
Work Permits (33)
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